Open letter calls on Congress to look at OECD funding in addition to the UN.
read more...Coalition calls for defunding OECD and opposing BEPS
read more...CF&P urges opposition to the “Restoration of America’s Wire Act.”
read more...[PDF Version] June 6, 2013 Dear Senator: We the undersigned organizations are writing to urge your support for S. 887, which would repeal economically destructive and anti-privacy provisions of the Foreign Account Tax Compliance Act (FATCA). FATCA imposes on foreign financial institutions the obligation to provide financial information on the accounts of U.S. citizens without […]
read more...The Levin-Conrad-Whitehouse amendment inserted provisions supposedly to “Stop Tax Haven Abuse,” but which would in reality further undermine global capital flows and the world economy.
read more...We are troubled by the Treasury Department’s failure to withdraw a rule that faces near universal opposition, provides no benefit to the U.S., and threatens to drive billions in much needed foreign investment out of the economy. We are therefore writing again to express our opposition to the nonresident alien deposit interest reporting regulation (REG-146097-09), and ask that it be withdrawn.
read more...[PDF Version] October 25, 2011 Dear U. S. Senators and U. S. Representatives: As part of an overall effort to help control the size of government, we believe American taxpayers should not subsidize the Organization for Economic Cooperation and Development (OECD). Even if we had a balanced budget, OECD funding would be contrary to US interests. The […]
read more...In light of the recent decision by the Internal Revenue Service, following significant industry backlash over the costs and burdens of the regulation, to delay the implementation of the Foreign Account Tax Compliance Act (FATCA), the Center for Freedom and Prosperity and the Coalition for Tax Competition are renewing the call for Congress to reconsider and repeal the ill-advised legislation.
read more...The Internal Revenue Service’s recent decision to delay the implementation of the Foreign Account Tax Compliance Act (FATCA) stems from significant industry backlash over the costs and burdens of the regulation. In light of these developments, the Center for Freedom and Prosperity and the Coalition for Tax Competition are renewing the call for Treasury to conduct a real cost-benefit analysis to fully understand the implications of FACTA and its impact on the US economy.
read more...We are writing to express our deep concern with an onerous regulation (REG-146097-09), proposed by the Internal Revenue Service, that would undermine American banks and the U.S. financial system by requiring the reporting of deposit interest paid to nonresident aliens.
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