Under the concept of “Reciprocal FATCA” financial institutions and brokers ought to start preparing to assume greater and expanded reporting responsibilities. As FATCA Stakeholders,.
he s taking on water in his boat when it comes to disclosure because americans are skeptical of this. you are sponsoring a bill to reduce tax haven abuse. here s what it boils down to, al franken and i put in a bill several month ago. on the financial disclosure forms for all members of congress, for all candidates for president and vice president, you have to specifically disclose whether or not you or anyone in your family is invested in foreign tax havens to avoid taxes in the united states. i think that s a very basic question that should be asked not just of mitt romney but of all members of congress. all candidates for president. do you think mitt romney is abusing the american tax system and not paying his fair share? i don t know. i wouldn t draw that conclusion. i would say to him, present theeds. show us what you have done. have you paid your fair share of taxes. have you handled your financial affairs as a businessman and a person of wealth in a way that
where they are? he s taking on water in his boat when it comes to disclosure because americans are skeptical of this. you are sponsoring a bill to reduce tax haven abuse. here s what it boils down to, al franken and i put in a bill several month ago. on the financial disclosure forms for all members of congress, for all candidates for president and vice president, you have to specifically disclose whether or not you or anyone in your family is invested in foreign tax havens to avoid taxes in the united states. i think that s a very basic question that should be asked not just of mitt romney but of all members of congress. all candidates for president. do you think mitt romney is abusing the american tax system and not paying his fair share? i don t know. i wouldn t draw that conclusion. i would say to him, present theeds. show us what you have done. have you paid your fair share of taxes. have you handled your financial affairs as a businessman and a person of wealth in a way
it s managed by somebody else. he s taking on water on that little boat when it comes to disclosure at this point because americans are skeptical of this. you are sponsoring a bill to reduce tax haven abuse. here s what it boils down to. al franken and i put in a bill several months ago that says on the financial disclosure forms for all members of congress, for all candidates for president and vice president, you have to specifically disclose whether or not you or anyone in your family is invested in foreign tax havens to avoid taxes in the united states. i think that s a very basic question that should be asked not just of mitt romney but of all members of congress, all candidates for president. do you think that mitt romney is abusing the american tax system and not paying his fair share? i don t know. i wouldn t draw that conclusion. i would say to him present the evidence. show us what you ve done. have you paid your fair share of taxes? have you handled your financial aff