- unitid
-
{"value"=>"1062889", "type"=>"local_mss"}
- unitdate
-
{"value"=>"1956", "type"=>"inclusive", "normal"=>"1956"}
{"value"=>"1961-1962", "type"=>"inclusive", "normal"=>"1961/1962"}
- unittitle
-
{"value"=>"United States Tax Haven Law"}
- physdesc
-
{"format"=>"structured", "physdesc_components"=>[{"name"=>"extent", "value"=>".2 linear feet", "unit"=>"linear_feet"}]}
- scopecontent
-
{"value"=>"<p>Subseries deals with the tax loophole that allowed hundreds of American companies to set up subsidiaries in Panama to conduct business in international trade without having to pay taxes on the profits, either to Panama or the United States. In 1962 the Kennedy administration proposed to close this loophole which would have caused the loss of some 5000 jobs held by Panamanians and an estimated $ 12 to $ 15 million revenue for Panama. Westerman served as a member of a Panamanian commission which opposed the anti-tax haven provisions of the bill that was before Congress. The papers consist of correspondence between Hubert Humphrey and other United States elected officials, American corporate executives and others lobbying against the proposed tax changes to keep the tax haven laws. Reports by Westerman and others as well as news clippings provide detailed information from the Panamanian perspective.</p>"}
- date_start
-
1956
- keydate
-
1956
- date_end
-
1962
- date_inclusive_start
-
1956
- date_inclusive_end
-
1962