by Dan Mitchell | Aug 19, 2011 | Blogs, Tax Competition, Taxation
Another American company has decided to expatriate for tax reasons. This process has been going on for decades, with companies giving up their U.S. charters (a form of business citizenship) and redomiciling in low-tax jurisdictions such as Bermuda, Ireland,...
by Dan Mitchell | Aug 17, 2011 | Blogs, Tax Competition, Tax Havens, Taxation
Advocates of limited government love to fantasize. But because we’re strange people, we don’t have ordinary fantasies about supermodels or playing pro baseball. We daydream about a libertarian nirvana, where the rights of individuals are protected, guided by a moral...
by Brian Garst | Jul 26, 2011 | Big Government, Blogs, Regulations, Taxation
Sound tax policy is hard to find these days. As CF&P has extensively covered, Congress included the Foreign Account Tax Compliance Act as part of the HIRE Act, passed in March 2010. FATCA takes a fundamentally wrong-headed approach to tax policy. Rather than...
by Dan Mitchell | Jun 20, 2011 | Big Government, Blogs, Taxation
One of the tax increases buried in Obamacare was an onerous and intrusive “1099″ scheme that would have required businesses to collect tax identification numbers for just about any vendor and then send paperwork to the IRS whenever they did more than $600 of business....
by Brian Garst | May 24, 2011 | Blogs, Economics, Taxation
Richard Rahn writes in the Washington Times today on a pair of regulations which he describes as “national economic suicide.” At issue is the IRS’s proposed regulation that would require U.S. banks to report information on foreign account holders,...
