by CF&P | Nov 9, 2015 | Blogs, Financial Privacy, Tax Competition, Taxation
Low-tax jurisdictions are facing heavy pressure on multiple fronts. The G20, the Organization for Economic Cooperation and Development (OECD), the United Nations, the European Union, and even the United States are pursuing projects aimed at compelling other...
by CF&P | Sep 9, 2015 | News, Prosperity Updates
BEPS News… BEPS Pivotal in Fight Over Tax Competition In Cayman Financial Review, CF&P’s Brian Garst contends, “The OECD wants to turn back the clock and undo the tremendous gains brought about by tax...
by Dan Mitchell | Sep 7, 2015 | Blogs, Economics, States, Tax Competition, Taxation
Here’s a quiz for readers. When politicians increase taxes, the result is: a) More spending? b) More red ink? c) Fewer jobs? d) Out-migration of productive taxpayers? e) Reduced competitiveness? f) Less investment? g) A bigger underground economy? h) More corruption?...
by Brian Garst | Sep 5, 2015 | Opinion and Commentary
This article appeared in Cayman Financial Review on August 19, 2015. At first glance the OECD’s Base Erosion and Profit Shifting (BEPS) project is difficult to understand. There has been no decline in corporate tax revenues in recent years, and nations already possess...
by Dan Mitchell | Aug 18, 2015 | Blogs, Tax Competition, Taxation
The United States has what is arguably the worst business tax system of any nation. That’s bad for the shareholders who own companies, and it’s also bad for workers and consumers. And it creates such a competitive disadvantagethat many U.S.-domiciled companies are...
