FC: Heritage luncheon discussion on OECD and financial privacy

[Declan McCullagh <declan () well com>]

[Politech readers are invited to this event, which is taking place tomorrow 
in DC. Please RSVP to liz.williams () heritage org.  Look forward to seeing 
you there. --Declan]


The Heritage Foundation


cordially invites you to attend
a luncheon briefing on


 Tax Competition, Financial Privacy, and the OECD*:

Featuring

Dan Mitchell, McKenna Senior Fellow in Political Economy,
The Heritage Foundation (moderator)

Richard Rahn, President of Novecon
and former Chief Economist, US Chamber of Commerce
 "Why tax competition is good for taxpayers and good for America"

Sir Courtney Blackman, Ambassador from Barbados,
"Protecting developing nations from OECD imperialism"

John McKechnie, Credit Union National Association,
"The regulatory burden that know-your-customer imposes on financial 
institutions"

Declan McCullagh, Wired.com,
"Big Brother is watching"

Friday, September 8, 2000
12 Noon  1:30 p.m.
Capitol Hill Club

Please RSVP by noon on Thursday, September 7th to Liz Williams at 608-6073,
 or e-mail to liz.williams () heritage org

* The Organization for Economic Cooperation and Development (OECD), a 
Paris-based trade association for industrialized nations, has launched a 
program to stop what it calls "harmful tax competition." In its recent 
publication, "Towards Global Tax Cooperation," the OECD called on member 
nations to eliminate "harmful tax practices"  low-tax policies that attract 
investment from overseas. The OECD also demanded that low-tax nations 
(so-called tax havens) agree to dismantle financial privacy or face 
financial protectionism. Critics have stated that the OECD is trying to 
create a cartel for the benefit of high-tax nations and warned that this 
would have adverse consequences for taxpayers, sovereignty, privacy, and 
technological development. These issues will be addressed at the luncheon 
briefing.




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