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Tell Your Representative to Cosponsor Sen. Marco Rubio's Bill to Prevent IRS Reporting Requirement for Non-Resident Aliens
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Blog

Tell Your Representative to Cosponsor Sen. Marco Rubio's Bill to Prevent IRS Reporting Requirement for Non-Resident Aliens

Dear FreedomWorks member, As one of our million-plus FreedomWorks members nationwide, I urge you to contact your representative and ask him or her to cosponsor S. 1506, a bill to prevent the Secretary of Treasury from expanding the United States bank reporting requirements with respect to interests on deposits paid to nonresident aliens. Introduced by Marco Rubio (R-Fla.), the bill would prevent the proposed IRS regulation that would force U.S. banks to report deposit interest paid to nonresident aliens. Should the regulations be finalized, it would drive capital of the United States and put foreign tax law above domestic tax law.

10/18/2011