06/07/2019
Voluntary disclosure of offshore accounts, financial assets and income in the run-up to full implementation of the AEOI initiative resulted in more than EUR 95 billion in additional revenue (tax, interest and penalties) for OECD and G20 countries over the
06/05/2019
The U.S. has a lower rating on tax evasion than even the Cayman Islands—and far too many politicians are benefitting.
06/03/2019
Taxpayers have several potential defenses to the accuracy-related penalty depending on the ground upon which the penalty is asserted, including “substantial authority,” “reasonable basis,” adequate disclosure,” “reasona
05/31/2019
Watchdog group accuses the Liberals of covering up the KPMG affair
05/30/2019
Have the rankings in order of best to worst and include fee information and net realization to the extent that you can produce it.
05/16/2019
Based on this review and the charity’s affidavit, a qualified practitioner will be able to issue an opinion letter confirming that the charity is the equivalent of a US public charity or a US private foundation.
05/06/2019
Already, wealthy people and corporations easily get around today’s rules.
04/23/2019
The Canada Revenue Agency has increased its enforcement on many fronts
04/23/2019
The newly-proposed rules translate into more clarity and more flexibility for investors in the Opportunity Zones
04/23/2019
The company, which is audited by PWC globally, is understood to have looked outside of the Big Four for its UK auditor
04/15/2019
Maurer said that the atmosphere at meetings of global finance leaders was more optimistic than last year, despite uncertainties that could have a negative effect on the global economy.
04/03/2019
The firm has 130 professionals in two offices in São Paulo.
04/02/2019
Other challenges include deciding how a minimum tax would interact with a “defensive regime” that denies deductions for payments made to an offshore entity that isn’t subject to the minimum tax regime, and how to avoid double taxation if
03/26/2019
Despite this they often find that they are eligible to pay tax on their global income in America because US tax eligibility is based on citizenship and not residency (as it is in most countries).
03/26/2019
According to the report, tax policy has gained traction as a tool to boost progress
03/24/2019
The settlements are the end result of a series of Department of Justice (DOJ) probes that were related to the DOJ’s 2007 investigation targeting UBS AG, Switzerland’s largest bank.
03/13/2019
That overhaul is expected next year at the earliest, assuming a consensus can be reached among the 127 countries taking part in the talks.
03/12/2019
Estimate the investment income taxes you could owe to the IRS.
03/08/2019
The income that accrues within the offshore pension plan on the invested plan assets may be taxable
03/01/2019
Two parts of 2017 law can help avoid tax on carried interest