Opponents of tax competition have long argued that the need to combat tax evasion justified aggressive and counter-productive policies designed to eviscerate tax competition, financial privacy, and fiscal sovereignty.

Since I’m probably the foremost defender of tax havens in the United States, I tend to get a lot of press inquiries whenever something happens that brings attention to these low-tax jurisdictions. In recent months, almost all of the media calls have been because (gasp!) Mitt Romney engaged in sound business practices and used tax […]

Four US Senators are demanding details from Treasury Secretary Timothy Geithner regarding a recent plan to impose significant financial burdens on US institutions in exchange for international compliance with the burdensome FATCA (Foreign Account Tax Compliance Act) law.

Over a week ago I predicted in an editorial that there would be continued attacks on financial privacy and tax competition, noting that attacks on Romney’s financial holdings were “part of this ongoing effort to undermine tax competition and make it easier for politicians to pursue onerous tax-and-spend policies.” I even singled out the Tax […]

CF&P’s Brian Garst, in an editorial for the Daily Caller yesterday, observes a disturbing trend in the rhetoric of this year’s Presidential campaign. An unholy alliance of political opportunists and long-time opponents of tax competition has formed and is playing on populist economic fears to advance an agenda that threatens to curtail basic economic liberties. […]

The price of American citizenship only seems to get costlier – and I’m not just talking about high taxes. For Americans living or working overseas, excessive US regulations are becoming a disruptive burden, as exemplified by this disclaimer from Swiss PKB Privatbank brought to our attention by good friend Dr. Eduardo Morgan of Morgan and […]

While the two chambers of Congress work to reconcile the differences between their respective transportation bills, CF&P continues to monitor an unrelated tax provision known as the “Stop Tax Haven Abuse Act” that was slipped into the Senate version by Sen. Carl Levin, a frequent source of anti-tax haven demagoguery. The Act would grant the […]

Back in April, responding to an article written by Ann Hollingshead for the Task Force on Financial Integrity and Economic Development, I wrote a long post defending so-called tax havens. I went through the trouble of a point-by-point response because her article was quite reasonable and focused on some key moral and philosophical issues (rather […]