Reason.com - Free Minds and Free Markets
Reason logo Reason logo
  • Latest
  • Magazine
    • Current Issue
    • Archives
    • Subscribe
    • Crossword
  • Video
  • Podcasts
    • All Shows
    • The Reason Roundtable
    • The Reason Interview With Nick Gillespie
    • The Soho Forum Debates
    • Just Asking Questions
    • The Best of Reason Magazine
    • Why We Can't Have Nice Things
  • Volokh
  • Newsletters
  • Donate
    • Donate Online
    • Donate Crypto
    • Ways To Give To Reason Foundation
    • Torchbearer Society
    • Planned Giving
  • Subscribe
    • Reason Plus Subscription
    • Print Subscription
    • Gift Subscriptions
    • Subscriber Support

Login Form

Create new account
Forgot password

Politics

Sen. Paul Introduces Bill That Would Weaken US Tax Evasion Law

Not a fan of The Foreign Account Tax Compliance Act

Reason Staff | 5.8.2013 12:52 PM

Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL
Media Contact & Reprint Requests

(Reuters) - U.S. Senator Rand Paul introduced a bill late on Tuesday that would repeal parts of a 2010 law designed to fight offshore tax evasion by Americans with assets hidden in foreign banks.

The Foreign Account Tax Compliance Act (FATCA) is being implemented worldwide through a series of agreements between the U.S. government and other governments and foreign banks.

Start your day with Reason. Get a daily brief of the most important stories and trends every weekday morning when you subscribe to Reason Roundup.

This field is for validation purposes and should be left unchanged.

NEXT: Benghazi Confidential: Questions That Should Be Answered But Won't Be.

Reason Staff
PoliticsPolicyEconomicsRand PaulTaxes
Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL
Media Contact & Reprint Requests

Show Comments (0)

Latest

Trump's New Trade Deal Has a Clear Winner: Vietnam

Eric Boehm | 7.3.2025 11:10 AM

The Everglades Jetport Was Supposed To Be a World Wonder. Now It's 'Alligator Alcatraz.'

Matthew Petti | 7.3.2025 10:03 AM

Add It to the Tab

Liz Wolfe | 7.3.2025 9:30 AM

What Frederick Douglass Can Still Teach Us About the Fourth of July

Damon Root | 7.3.2025 7:00 AM

Cincinnati's Beer-Loving Germans Endured Anti-Immigrant and Anti-Alcohol Resistance

Elizabeth Nolan Brown | From the August/September 2025 issue

Recommended

  • About
  • Browse Topics
  • Events
  • Staff
  • Jobs
  • Donate
  • Advertise
  • Subscribe
  • Contact
  • Media
  • Shop
  • Amazon
Reason Facebook@reason on XReason InstagramReason TikTokReason YoutubeApple PodcastsReason on FlipboardReason RSS

© 2024 Reason Foundation | Accessibility | Privacy Policy | Terms Of Use

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

r

Do you care about free minds and free markets? Sign up to get the biggest stories from Reason in your inbox every afternoon.

This field is for validation purposes and should be left unchanged.

This modal will close in 10

Reason Plus

Special Offer!

  • Full digital edition access
  • No ads
  • Commenting privileges

Just $25 per year

Join Today!