One mechanism for action is the OECD Model Tax Convention, which is where most of today's biggest loopholes live. The OECD proclaims innocence in the tax scheme game. Their Global Forum is moving toward more cooperation on exchanging tax information, even with such tax havens as Dominica and Monaco. More than 50 countries have signed the OECD's deal on tax matters, and more could if China, Europe and the U.S. made it a priority. The OECD is now pressing the Obama administration to avoid the "fiscal cliff" that could occur if tax increases and spending cuts planned for January actually take effect, as Reuters reports. Money needs to be found. There is a lot of it in the Cayman Islands. At the time of publication, the author was long AAPL.Follow @DanaBlankenhornThis article is commentary by an independent contributor, separate from TheStreet's regular news coverage.