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Legislative Overkill |
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Legislative Overkill A law enacted to stop or prevent the abuse of a loophole, but ends up imposing more restrictions than are necessary for reasonable prevention. Notes: In the context of the market, many people believe that investor education and further transparency do much more for the market than stricter legislation.How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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1690 would redress the legislative overkill of the current PFIC provisions by exempting controlled foreign corporations from those rules. The proposed legislative remedy here strikes at the very heart of legislative overkill versus self-regulation through better business models and policies," said Michael Jones, president of IDEA OASIS. |
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Legislative Overkill
