June 11th, 2012
Corporate America, in part through the now-dissolved WIN America Campaign, has spent a good portion of the last few years lobbying for a tax holiday. They would like Congress to allow them to repatriate deferred tax dollars that are sitting offshore and pay a very low tax rate, instead of the 35% that they owe. U.S. companies are allowed to wait to pay taxes on "foreign" income until they bring the money back into the United States. I put the word foreign in quotes because we know that "foreign" income is often just the result of abusive transfer pricing,...
June 16th, 2011
The Tax Justice Network has now collected a significant number of documents together in its "Offshore History" page
. The latest addition is a history of the emergence of the Cayman Islands as a tax haven / secrecy jurisdiction, which is here
The full Offshore History page currently reads as below. Comments and suggestions for additional material would be gratefully received.
Offshore History: Articles and online documents
- Tax Analysts 40th anniversary commemorative book, where 50 tax folk are invited to answer the question: What is one of the most significant changes to tax administration, practice, or...