by Brian Garst | May 2, 2013 | Blogs, Financial Privacy, Tax Competition, Taxation
Yesterday, an article in The Wall Street Journal by Ben DiPietro reported that Senator Rand Paul is holding up “FATCA treaties” in the Senate. If only it were so, but this is simply untrue. There are no such FATCA treaties. The treaties in question are...
by Andrew F. Quinlan | Apr 24, 2013 | Blogs, Financial Privacy, Tax Competition, Taxation
There are many problems with the FATCA intergovernmental agreement (IGA) process. From a US perspective, they agreements represent a subversion of the proper treaty process, an unconstitutional expansion of executive powers, and an unwise commitment to saddle US banks...
by CF&P | Apr 16, 2013 | News, Press Releases
Center for Freedom and Prosperity For Immediate Release Tuesday, April 16, 2013 202-285-0244 www.freedomandprosperity.org CF&P to Congress: Tax Reform Must Include FATCA Repeal (Washington, D.C., Tuesday, April 16, 2013) The Center for Freedom & Prosperity...
by Andrew F. Quinlan | Mar 19, 2013 | Opinion and Commentary
This article appeared in The Daily Caller on March 19, 2013. Government is larger than ever, and Americans are growing increasingly wary about expansions of federal power. To overcome public objections and justify the continued growth of government, politicians...
by Andrew F. Quinlan | Mar 6, 2013 | Blogs, Taxation
I recently noted that the Foreign Account Tax Compliance Act (FATCA) would threaten America’s global economic dominance because, among other reasons, “Investment will instead go to places like China, where the government is unlikely to sign away their...