Pamela F. Olson, Treasury Assistant Secretary for Tax Policy, testified today before the Committee on Finance, U.S. Senate, on “abusive tax avoidance transactions”. The Treasury Official’s testimony noted: • The … Read More
International Issues
Absence of Level Playing Field?
Notwithstanding the Closing Statement issued by the Co-Chairs of the OECD’s Global Forum on Taxation (see separate news item 15/10/03), the Washington, DC-based Center for Freedom and Prosperity announced yesterday … Read More
OECD’s Global Forum on Taxation: Seeking A Global Level Playing Field
The Joint Chairs of the latest meeting of the OECD’s Global Forum on Taxation issued a joint “Closing Statement” today at the conclusion of the session in Ottawa. **Closing Statement** … Read More
No Level Playing Field
The Center for Freedom and Prosperity says that low-tax jurisdictions have no obligation to acquiesce to OECD demands because the *”level playing field”* condition has not been satisfied. Daniel Mitchell … Read More
FATF Intensifies Anti-terrorist Financing Campaign
The thirty three member body of the Financial Action Task Force (FATF) convened yesterday in a Plenary Session in Stockholm to set global standards in the fight against money laundering … Read More
Tax Competition Roundtable: OECD Challenged To Participate
The Center for Freedom and Prosperity and the Heritage Foundation will sponsor a Tax Competition Roundtable in Ottawa, Canada on Monday, October 13. This Roundtable has been scheduled to coincide … Read More
FATF Plenary Meets in Stockholm
On October 1-3, the Financial Action Task Force (FATF) will hold its first Plenary under the Swedish Presidency of Mr. Claes Norgren. This meeting, to be held during the Stockholm … Read More
Strengthening Global Growth
**John W. Snow Secretary of the Treasury** Treasury Secretary John Snow addressed G7 Finance Ministers and Central Bank Governors yesterday in Dubai, taking the opportunity to stress the importance of … Read More
Financial Stability Forum – 10th Meeting Concludes
**Focus on Offshore Financial Centres** The Financial Stability Forum (FSF) met last week in Paris. Chaired by Roger W. Ferguson, Jr., Vice Chairman of the Board of Governors of the … Read More
Abusive Tax Avoidance Schemes
The Treasury Department, the Internal Revenue Service and tax officials from nine states plan to announce the details of a new agreement between state and federal tax officials to fight … Read More