FATCA implemented, inversion panics, and IRS tales of woe.

The worst part of the tax code is something most Americans have likely never heard of.

Last August, I shared a list of companies that “re-domiciled” in other nations so they could escape America’s punitive “worldwide” tax system. This past April, I augmented that list with some commentary about whether Walgreen’s might become a Swiss-based company. And in May, I pontificated about Pfizer’s effort to re-domicile in the United Kingdom. Well, to paraphrase what Ronald Reagan said to Jimmy Carter […]

Perhaps there is an occasional exception, but when someone in a public policy debate mentions a “race to the bottom,” they always seem to favor bigger government and punitive taxation. Here are a few examples: The Organization for Economic Cooperation and Development, a bureaucracy based in Paris, wants to rewrite international tax norms for business income because […]

If you’re a regular reader, you already know I’m a big supporter of tax competition and tax havens. Here’s the premise: Politicians almost always are focused on their next election and this encourages them to pursue policies that are designed to maximize votes and power within that short time horizon. Unfortunately, this often results in very short-sighted […]