by Brian Garst | Aug 8, 2014 | Opinion and Commentary
This article appeared in Cayman Financial Review, Third Quarter 2014, Issue 36. Since its passage in 2010, financial institutions and their governments have scrambled to comply with the costly impositions of the Foreign Account Tax Compliance Act (FATCA). To entice...
by Andrew F. Quinlan | Jul 24, 2014 | Blogs, Financial Privacy, Tax Harmonization, Taxation
I’ve argued repeatedly that efforts like FATCA and the OECD’s Standard for Automatic Exchange of Financial Account Information in Tax Matters pose a substantial threat to financial and taxpayer privacy. In an excellent commentary at The Daily Signal today,...
by Andrew F. Quinlan | Jul 17, 2014 | Opinion and Commentary
This article appeared in Forbes’ Capital Flows on July 17, 2014. This month finally marked the much delayed implementation of the Foreign Account Tax Compliance Act (FATCA). The massive financial dragnet’s diminishing group of supporters shouldn’t pop the...
by Dan Mitchell | Jul 10, 2014 | Big Government, Blogs, Government Spending, Taxation
Back in 2012, I shared a sadly amusing image about how the modern political process has degenerated into two wolves and a sheep voting what to have for lunch. I was making an argument in that column against majoritarianism (and that is a critical issue, as explained...
by CF&P | Jul 10, 2014 | News, Prosperity Updates
FATCA Updates An Act of Economic Strangulation Richard Rahn on FATCA: “This one regulation by itself may well cause another drop in GDP during the third quarter of this year, owing to both the uncertainty it engenders and the fact that it will drive out...
