Managers of Wealth Americas

Citi, AIG and BofA among US groups facing $50bn tax plan hit

Five institutions would be forced to take writedowns if corporate rate falls to 21%

KPMG revenues grow strongly to record $26.4 billion

KPMG invested more than US$1 billion this year in a multi-year program focused on new technology, innovation and developing new services and solutions

Using tax havens is morally wrong, think most Canadians: survey

The advocacy groups Canadians for Tax Fairness and Leadnow commissioned the survey which also found that 87 per cent of Canadians want the law changed to make tax havens illegal.

Ring in the new year with 10 tax tips

The proposals are far-reaching and it's critical for Canadians to pay close attention to what these changes mean for their tax planning now

IRS Bitcoin Hunt Ramps Up, But Tax Amnesty Could Follow: Expert Blog

It is well-known that the IRS is looking hard at Bitcoin and other cryptocurrency transactions, hoping to scoop up some tax dollars.

US expat groups vow to continue fight to end citizenship-based tax regime, repeal FATCA

Saturday’s Senate vote saw 51 Republican lawmakers vote to approve the Senate version of the so-called Tax Cuts and Jobs Act, and 49 senators – all Democrats – voting against it.

How Tax Bills Would Reward Companies That Moved Money Offshore

The Republican tax bills making their way through the House and Senate would allow companies to bring nearly $3 trillion in profits home, at greatly reduced tax rates.

Senate GOP clears another hurdle on the way to tax reform vote

The biggest shift could be adding a "trigger" mechanism that would raise taxes if U.S. economic growth doesn't generate as much revenue

Brazil Takes Aim at Investment Funds for the Wealthy

The government believes the closed funds are used by Brazil’s wealthiest families to invest large sums, often stemming from the sale of family assets.

Central Bank Speaks To Tax Reform: Here's What To Watch

The dollar moved in lockstep with 10-year Treasury yields, which weaved in and out of negative territory before settling the day lower.

Luring corporate money from tax havens is a big unknown for reform proposals

Big chunks of these profits weren’t earned where companies said they were earned

Tax-hike fears fuel talk of HNW exodus from Northeast

Billionaire hedge fund managers have blazed the trail south in recent years.

Effect Of Proposed Us House And Senate Tax Bills On Family Offices And Investment Vehicles

The House bill would allow a portion of net business income allocated by pass-through entities

Seattle judge strikes down ‘wealth tax’ on people earning more than $250K

The tax was expected to generate approximately $140 million for the Seattle coffers.

deVere CEO demands ‘firm action’ from Sec. Mnuchin on fatally-flawed FATCA

The requirement for all banks around the world to provide detailed information to the IRS about American account holders outside the United States has resulted in banks refusing service to them.

House Passes Sweeping Tax Reform Bill

The first time in 31 years we are wiping the tax code clean and replacing it with one that is fairer and simpler for everyone.

CEOs aren't so sure they'll invest their offshore cash in the U.S.

All of those earnings are trapped offshore and the penalty to bring that money back on shore is too high.

Wealthy Americans sign letter asking Congress not to cut their taxes

The Congressional Budget Office's analysis of the House tax plan estimates that it would add $1.7 trillion to the federal deficit over the first decade.

Paradise Papers Expose Rich And Famous Using Tax Havens

The paper called in the International Consortium of Investigative Journalists to oversee the investigation.

A Republican tax plan that will help the rich and harm growth

Are shareholders really the most worthy recipients of a windfall?