The truth about the negative impact of U.S. government extraterritorial taxation goes much deeper than you portray.
How can that legitimate, and indeed necessary, function of an American regulatory agency constitute inappropriate extraterritorial reach?
Judge Garzon is a virtual apostle of extraterritorial jurisdiction, the heart of the ICC's threat to Americans.
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The doctrine of extraterritorial law enforcement has typically applied to one state taking action in a neighboring state.
We think this same extraterritorial concept may apply to retail forex trading too.
Ghani is the deputy commander of the Quds Force, whose mission is "extraterritorial operations, " or revolution beyond Iran's borders.
We think the CFTC may interpret the legislative text to mean the CFTC has extraterritorial control over retail forex too.
The indictment of the five men represents the first prosecution of non-Defense Department contractors under the Military Extraterritorial Jurisdiction Act.
Legal experts say the U.S. Attorney is likely to try to get an indictment under the Military Extraterritorial Jurisdiction Act.
The World Trade Organization has ruled that our tax export subsidies--known as Foreign Sales Corporation and Extraterritorial Income Exclusion provisions--are illegal.
If the CFTC has extraterritorial powers on retail forex, then foreign-based brokers will probably not do business with non-qualified American participants.
Countries take many different approaches to extraterritorial jurisdiction ie, the claim to be able to try cases for crimes committed outside their borders.
Regardless, no amount of intermediary deputization or meddling with the DNS or extraterritorial enforcement efforts will likely get this problem under control.
National Australia Bank, 130 S. Ct. 2869 (2010), the Supreme Court significantly limited the extraterritorial scope of Section 10(b) of the Exchange Act.
They charge the measures could be part of an SEC design to tighten "extraterritorial" U.S. sanctions and penalize uncooperative foreign firms and governments.
As a result, terror-free investing can bring pressure to bear on foreign-owned and -operated companies on what might otherwise be described as an "extraterritorial" basis.
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First off we should start with the fact that U.S. extraterritorial taxation renders many of the tax laws of your land of residence null and void.
America might seek to extend its sanctions regimes--such as the controversial Helms-Burton act--in an extraterritorial direction, in effect, by imposing capital controls on companies that congressmen dislike.
"Russia sees such extraterritorial measures as unacceptable and against international law, " said a statement from the Russian Foreign Ministry, issued a day after the new sanctions were announced.
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Creation by the United States of a new, extraterritorial private cause of action would impose on non-U.S. audit firms the litigation burdens and threats now faced by U.S. audit firms.
Or take another instance of Mr D'Amato's extraterritorial ambition.
Some of those Blackwater people may soon be indicted under an extraterritorial law for the American armed forces that was originally meant to keep order on military bases, not to control contractors elsewhere.
It was in this city that Queen Juliana gave birth to Princess Margriet in 1943, and Canada's Parliament helped ensure the Princess's royal claims by declaring their hospital suite "extraterritorial" - Dutch territory.
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Contractors working directly for the Pentagon fall under a separate law, the Military Extraterritorial Jurisdiction Act, whereas those serving with American troops may be prosecuted under another law, known as the Uniform Code of Military Justice.
Notice how the CFTC may not allow Americans to get higher leverage offshore with new forex trading rules. (See my past blogs and podcasts.) Could regulators and tax authorities use extraterritorial reach on an FTT too?
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If politicians in Washington approve the so-called Marketplace Fairness Act, they'll not only be authorizing extraterritorial tax enforcement, they'll also be setting in motion the creation of a database that will erode privacy for consumers and create opportunities for identity theft.
Overturning Morrison and authorizing extraterritorial private lawsuits likely would harm investors by increasing costs and creating a significantly greater risk of further concentration in the market for audit services, thus potentially leading to decreased competition in a market that is already relatively concentrated.
While the San Francisco Treaty ended six years and eight months of official allied occupation and absolute authority of the GHQ, the U.S.-Japan Security Treaty signed on the same day kept Okinawa under U.S. extraterritorial jurisdiction and control, denying Japanese sovereignty for another 20 years.
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