It is difficult to find a small enough violin to play for Mr. Stack and the United States Treasury. https://t.co/Sm3VUcRJaQ
— Allison Christians (@taxpolblog) May 16, 2016
by Julie Martin
The first tweet I saw this morning was the one above. Really liked the “small-enough-violin” image and curious enough to read it (even though I saw “BEPS” in the first paragraph).
At any rate, I laughed so hard the tears were running down my face. The irony, hypocrisy and completely delusional state of mind of the U.S. and it’s representatives such as Stack, is beyond comprehension.
I think we’ve found it!
(NB: MNE= Multi-National Entity)
The best ones/excerpts:
Countries participating in the OECD/G20 base erosion profit shifting (BEPS) project sought to rewrite international tax rules for the digital economy and for intellectual property to increase their tax take at the expense of the United States, said Robert Stack, Treasury deputy assistant secretary (International Tax Affairs), May 13, at a National Tax Association conference in Washington.
The irony "at the expense of the US" Why, one would think Mr. Stack had never heard of #FATCA <snarl> payback time! https://t.co/YWhuWi8XIJ
— Patricia Moon (@nobledreamer16) May 16, 2016