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(English) Great Moments in the Failed and Costly War against Money Laundering

By Dan Mitchell

February 26, 2014

Time for another great moment in red tape.

I wrote a couple of weeks ago that banks treat customers poorly in part because of bad laws and regulations from Washington.

Money laundering laws were adopted beginning about 30 years ago based […]

(English) Global Surveillance of Dirty Money: Assessing Assessments of Regimes to Control Money-Laundering and Combat the Financing of Terrorism

By Terence C. Halliday, Michael Levi, and Peter Reuter

January 30, 2014

On the verge of the 4th round of assessments by the FATF global system, serious doubts are being raised about the effectiveness of regulations and potential adverse consequences of Anti Money Laundering (AML) and Counter Finance of Terrorism (CFT) regimes. […]

(English) The Foreign Account Tax Compliance Act Will Fail To Curb Tax Evasion

By Andrew Quinlan

This article appeared in Forbes on March 16, 2014

Tax administration is experiencing a global upheaval. The 2010 passage of the Foreign Account Tax Compliance Act (FATCA) – which includes costly demands on foreign financial institutions to report information on US clients to the IRS and large penalties for noncompliance […]

Pagar impuestos por malos consejos

By Richard W. Rahn

The Washington Times

Published February 18, 2014

It’s foolish to fund organizations that demand even more money

If you became aware that the advice you were receiving from your economic advisers was causing you to get poorer rather than richer, how long would you keep them? Among the […]

Normas fiscales de la OCDE- propuesta que amenaza la soberanía y la privacidad en los Estados Unidos.

Posted By Andrew F. Quinlan On 2:19 PM 02/04/2014 In | No Comments

Tax reform was a popular topic among politicians and members of the media in 2013. Americans suffering in the still weak economy and feeling beleaguered by recent tax hikes were no doubt disappointed that it remained just that – talk. […]

105 multinationals have their headquarters in Panama

ECONOMY FOREIGN DIRECT INVESTMENT Since 2007, when the law regulating these companies was established, it has come to the country more than a hundred signatures. LUIS GUILLERMO MARTINEZ luis.martinez @ prensa.com LOGISTICS CENTER. The Panama-Pacific Agency has registered 120 companies, both domestic and multinational. PRESS / Ivan Uribe. 02/02/2014 – At least 105 multinational […]

(English) CF&P Urges New Zealand to Reject FATCA

By Andrew Quinlan / Brian Garst

(Washington, D.C., Tuesday, February 4, 2014) The Center for Freedom and Prosperity submitted testimony in response to open solicitations from the Parliament of New Zealand regarding tax legislation to implement compliance with the Foreign Account Tax Compliance Act (FATCA). Authored by CF&P Director of Government Affairs, Brian Garst, the […]

105 multinacionales tienen sede en Panamá

Economy

By Luis Guillermo Martínez

Published on La Prensa

February 2, 2014

Foreign Direct Investment

Since 2007, when the law regulating these companies was established, it has come to the country more than a hundred signatures.

02/02/2014 – At least 105 multinational companies have settled in Panama since the enactment of Act 41 of […]

(English) CF&P Applauds RNC Resolution Calling For FATCA Repeal

(Washington, D.C., Friday, January 24, 2014) The Center for Freedom and Prosperity applauds the decision of the Republican National Committee to adopt FATCA repeal as part of its official platform. Since its passage in 2010, the Foreign Account Tax Compliance Act has proven a disaster for Americans living, working and investing overseas, and is a […]

(English) OECD and G20 Won’t Save Us From FATCA

By Andrew Quinlan November 22, 2013

My friend Dr. Eduardo Morgan Jr. recently published an article for La Estrella de Panamá, in which he succinctly summarizes not only the goals of but also the significant problems with the Foreign Account Tax Compliance Act.

The Intergovernmental Agreement (IGA) was created purposely to soften the fierce opposition […]