Space 29 - April 30, 2025 - Deregulating US Taxation Abroad

On April 9, 2025 President Trump issued the following Executive Order:https://www.whitehouse.gov/presidential-actions/2025/04/reducing-anti-competitive-regulatory-barriers/As a result, on April 11, 2025 the “Office Of Management And Budget” issued the following public request for information:https://www.regulations.gov/document/OMB-2025-0003-0001The request for comments includes:SUPPLEMENTARY INFORMATION:Americans are the most inventive, hardworking, and industrious people in the world. For too long, American dynamism and creativity have been stunted by onerous and unnecessary regulations. With this document, OMB seeks proposals to rescind or replace regulations that stifle American businesses and American ingenuity. We seek comment from the public on regulations that are unnecessary, unlawful, unduly burdensome, or unsound. Comments should address the background of the rule and the reasons for the proposed rescission, with particular attention to regulations that are inconsistent with statutory text or the Constitution, where costs exceed benefits, where the regulation is outdated or unnecessary, or where regulation is burdening American businesses in unforeseen ways.Russell T. Vought,Director. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit expatriationlaw.substack.com