Managers of Wealth Americas

Ecuador joins international efforts against tax evasion and avoidance

The Convention is the key instrument for swift implementation of the Standard for Automatic Exchange of Financial Account Information in Tax Matters

Introduction of Country-by-Country reporting in Curaςao

Part of the new law concerns the master file and local file that needs to be available for the Curaςao Tax Department.

U.S., Israel Expected to Announce Talks on New Bilateral Tax Deal

The U.S.-Israeli agreement is outdated, and contain some of the highest tax rates in the world, at a higher rate than U.S. bilateral agreements with other nations

New tax break rules for ‘opportunity zone’ investors

About 8,700 zones have been set up in all 50 states

ASC 740 Insights

Tax and accounting highlights

Facts US Expatriates Should Know About Their Taxes

Our professionals at Protax Consulting Services Inc have compiled a list of a few helpful facts that will assist you in further understanding US expatriate tax laws!

Liechtenstein, Peru removed from “grey” list of noncooperative jurisdictions

The listing process is part of the EU's initiative to tackle tax avoidance and evasion and promote fairer taxation, within the EU and globally

Falcone's Harbinger settles with New York on tax evasion

Offshore Manager's investment activities were led by Philip Falcone.

Andersen Global continues growth in Latin America

The international organization has almost doubled its headcount in Latin America in the past eight months.

Proposed international tax rules to treat affiliates as group

Noticeably absent from the proposed guidance is foreign tax credit computational rules, which will have to be addressed in future regulatory guidance.

How Puerto Rico Became the Newest Tax Haven for the Super Rich

A year after the tragedy of Hurricane Maria, the 51st state has become the favorite playground for extremely wealthy Americans looking to keep their money from the taxman.

Andersen Global Continues South American Expansion

BKM Berkemeyer also specializes in M&A’s, joint ventures, foreign investment, infrastructure, project finance and financial transactions, advising also on issues regarding telecommunications, water and energy projects.

IRS Moves to Ease Pain of New Tax That Targets Offshore Profits

Rules for foreign tax credits won’t come for another 60 days

Canada, Others, Taking New Steps to Thwart Global Tax Evasion

The AEOI is designed to shine a new light on “offshore” investments and bank accounts, as it requires countries to automatically and annually exchange financial account information of non-residents with the account holder’s country of re

Half of U.S. foreign profits booked in tax havens, especially Ireland: paper

The research was made possible by the U.S. tax cut in December 2017 that contained a mandatory repatriation of profits, which allowed researchers to calculate the final tax bill for the companies.

The Three Tax Changes Most Confusing To Wealthy Clients

We’re getting a lot of questions from all of our clients, regardless of net worth

Time Is Running Out For Taxpayers To Take Advantage Of The Offshore Voluntary Disclosure Program

Additional filing requirements were written into the Foreign Account Tax Compliance Act, more commonly called FATCA.

Deloitte Tax looks at executive comp guidance

The Treasury Department and the IRS anticipate further guidance will be issued in the form of proposed regulations and that the proposed regulations will incorporate guidance addressed in the notice.

OECD releases fourth round of BEPS Action 14 peer review reports on improving tax dispute resolution mechanisms

A document addressing the implementation of best practices is also available for each jurisdiction that opted to have such best practices assessed.

IRS warns of looming deadline for US offshore amnesty

In the announcement, the IRS encouraged taxpayers who need to disclose non-compliant and unreported foreign accounts and assets to come forward before the September deadline.