Pepperdine/Tax Analysts Symposium: “Tax Reform in a Time of Crisis” http://t.co/VvrvpIhXvB #PeppTaxReform
— Paul Caron (@SoCalTaxProf) January 17, 2014
Last year Allison Christians presented at this event. Although, I don’t see anything on agenda about
international tax of foreign accounts taxation of the local bank accounts of Canadian citizens resident in Canada, some of you may find certain topics to be of interest.
It may provide some clues on the possibility of tax reform in general.
I was a democrat and contributed to Democratic Party. But they abandoned me and treating me like a criminal for living in India, where I make very little and taxes are more than the USA. So I decided to write and join in Republican Party for encouraging RNC to be more understanding to dual citizens living in their other country of nationality.
If Republican Party keeps this promise, I will organize US citizens in my town to contribute and vote for Republican Party.
I strongly request more people from Isaac Brock society to contact RNC to encourage RNC to save US citizens living abroad form persecution and violation of constitutional rights of US citizens living abroad.
Checkout the Facebook page of Republicans Overseas, Goutham. https://www.facebook.com/republicansoverseas
They, with input from people here at Isaac Brock, certainly have this issue in the forefront.
Roth and Company are providing some “eye-popping quotes” from last week’s symposium:
Donald Korb (Partner, Sullivan & Cromwell; former IRS Chief Counsel): I think it is incredibly damaging. Frankly, I see it as one of the seeds of the next tax shelter era. … And in terms of scandal, I don’t think we really know. We have not been permitted to understand exactly what happened. So, who knows.
George Yin (Edwin S. Cohen Distinguished Professor of Law and Taxation, Virginia; former Chief of Staff, Joint Committee on Taxation): I think there has been tremendous damage. Almost without regard to what actually happened. And I actually despair of finding out what actually happened. …
Donald Tobin (Frank E. and Virginia H. Bazler Designated Professor in Business Law, Ohio State): I think it is awful. I agree with Don and George. 7 or 8. I think this is ultimately going to have huge implications. …
Ellen Aprill (John E. Anderson Chair in Tax Law, Loyola-L.A.): I agree with all of that. I have myself avoided the word “scandal” because I just don’t know. And some of the people I know personally. I don’t think that was their political motivation. So I’ve used “controversy” and “brouhaha” and everything but tried not to go all the way to scandal. …
Korb: … This is very, very damaging. Maybe we are at a 9.5