Managers of Wealth Americas

CRA's tax evasion snitch line raked in 32,000 leads last year

Recent focus group questioned why agency would ask Canadians 'to turn against each other'

IRS Issues “Snapshot” Guidance on Qualified Retirement Plan Issues

The snapshots can be instructive for plan sponsors and plan administrators

Rich professionals using pension plans as a tax dodge

Due to the new tax law and how it handles pass-through businesses, cash balance plans are becoming popular for tax reasons.

The rise of the bean counters

Veteran consultant Andrew Wileman reviews Richard Brooks' book Bean Counters: The Triumph of the Accountants and How They Broke Capitalism.

Avoiding Tax Issues When Wealthy Clients Sell Appreciated Assets

"They may also incur the 3.8 percent Medicare surcharge.”

Inverted firms ponder US return after tax overhaul

Uncertainties about President Trump’s trade policies have also prompted the conversations, the advisers said.

Wall Street Fears New International Tax That Was Aimed at Tech

Bank lobbyists are now urging the Treasury Department to come up with a fix for last year’s tax overhaul that would lessen the pain from Gilti

OECD joins with Argentina to fight financial crime

We are very grateful to the Argentine authorities for supporting this initiative

New research finds 40% of multinationals’ profits shifted to tax havens

The EU is estimated to lose 20% of its corporate tax revenue through profit shifting.

IRS spent $380m but took ‘limited or no action’ on offshore tax dodges

As the International Consortium of Investigative Journalists and its partners have reported, the offshore financial services sector represents a major contributor to growing global inequality

Swiss Bank to Settle U.S. Tax Probe

The move means renewed momentum for a years-long tussle between Swiss banks and American officials which began with a criminal investigation into a first group of banks including UBS, Credit Suisse, Pictet and others.

Andersen Tax & Legal Debuts in Ecuador

Both firms are well-respected in their markets as leaders in the industry. Profile Cia, Ltda. led by Mauricio Durango and David Uribe, has a 20-year history specializing in domestic and international taxation, transfer pricing and corporate legal services

Worlds biggest corporate tax haven its no paradise island

They began their research by comparing the profits made within a country to the amount of corporate activity.

Mitchell Titus acquires Washington, Pittman & McKeever

The firm has grown over the years and is led by Lester McKeever, a CPA and attorney

Tax Loophole From 1960s Could Let Wealthy Tap 21% Corporate Rate

Passive income held offshore may benefit from arcane provision

Millionaires Leaving Calif. After Tax Hike

The new report updates information published six years ago that examined migration to and from California after a tax increase in 2004.

Facebook co-founder: Tax the rich at 50% to give $500-a-month free cash and fix income inequality

He says he's made "half a billion dollars for three years of work" based on the value of his initial stock in Facebook, and his "lucky break" is exactly what's wrong with America today.

IRS-CI Joins International Effort To Fight Tax, Cryptocurrency And Financial Crimes

Membership of the J5 includes the heads of tax crime and senior officials in tax agencies, including Australian Criminal Intelligence Commission (ACIC) and Australian Taxation Office (ATO), the Canada Revenue Agency (CRA), the Fiscale Inlichtingen-en Opsp

Tax chiefs unite to tackle international tax crime

HMRC has formed an alliance with tax enforcement bodies in 4 countries to share intelligence and expertise in the battle against international tax crime.

OECD launches largest source of comparable tax revenue data

“It is a vital foundation for tax policy reform and in supporting efforts to raise domestic resources to fund development”.