by CF&P | Mar 20, 2012 | CF&P Foundation Libertas Policy Briefs, Publications
[PDF Version] Proposed IRS Interest Reporting Regulation Threatens U.S. Economy In January of 2011, the IRS proposed a regulation (REG-146097-09) to force American banks to report the interest paid to all nonresident aliens. Banks do not currently report this private...
by CF&P | Feb 21, 2012 | News, Press Releases
Center for Freedom and Prosperity For Immediate Release Tuesday, February 21, 2012 202-285-0244 www.freedomandprosperity.org Coalition for Tax Competition Letter Seeks Withdrawal of Destructive IRS Interest-Reporting Regulation (Washington, D.C., Tuesday, February 21,...
by CF&P | Feb 20, 2012 | Letters
[PDF Version] February 20, 2012 Hon. Timothy F. Geithner Secretary of the Treasury 1500 Pennsylvania Avenue, N.W. Washington, D.C. 20220 Dear Secretary Geithner: We are troubled by the Treasury Department’s failure to withdraw a rule that faces near universal...
by Dan Mitchell | Jan 17, 2012 | Blogs, Economics, Tax Competition, Tax Havens, Taxation
I’ve written several times about a proposed IRS regulation that would force American banks to put foreign law above U.S. law. I’ve repeatedly warned that the scheme, which would force financial institutions to report the deposit interest they pay to foreigners, is bad...
by CF&P | Jan 17, 2012 | News, Press Releases
Center for Freedom and Prosperity For Immediate Release Tuesday, January 17, 2012 202-285-0244 www.freedomandprosperity.org CF&P Briefs International Businesses on Threats to Tax Competition (Scrub Island, British Virgin Islands Tuesday, January 17, 2012) The...