Managers of Wealth Americas

WSJ Wealth Adviser Briefing: Trump’s Tax Overhaul, Working With Widows

Curated news and analysis for wealth advisers and their clients from WSJ reporters and columnists and beyond

For the sake of American taxpayers, companies must pay their fair share

In fact, when Americans were asked in 2014 how best to strengthen our economy, the number one response was “ask the wealthy and corporations to pay their fair share.

Hedge Fund Tax A Bad Idea

Hedge fund managers don't need to live in Connecticut.

This Man Can Help You Escape the IRS Forever

A handful of relatively stable nations court wealthy foreigners with sweet tax deals if they become citizens.

US Companies Stashing Trillions Offshore

Oxfam estimated that for every USD 1 that the companies spend on lobbying, they receive an estimated USD 1 200 in tax breaks.

FATCA Dubbed A Failure By Repeal Campaigners

Instead of boosting treasury revenues by the $10 billion stated by the IRS, FATCA is unlikely to have recouped more than $100 million in unpaid tax and costs far more to run than is gathered in lost tax, says Nigel Green, who is leading the campaign to re

Illinois blacklists Barbados as ‘tax haven’

The new measure also restricts “expatriate corporations” in the countries named from doing business with the State.

New Bills Take Aim at Offshore Tax Haven Abuse

Stop Tax Haven Abuse Act and Corporate EXIT Fairness Act Would Close Many of the Most Egregious Offshore Loopholes

“Panama Papers”: The Tax Office Reviews 415 Cases

That spontaneous procedures for regularization were already in progress with the Service for the processing of corrective declarations (STDR), with which tax “repentants” are invited to express themselves.

Americans abroad lobby for tax changes

FATCA requires financial institutions in other countries to report information about accounts held by U.S. citizens.

Foreign Account Tax Compliance Act will COST more money than it recovers

Last month, Mr. Green warned $1.5 million U.S. citizens in East Asia may renounce their citizenship according to a poll conducted by deVere Group and its Hong Kong division Acuma.

Ecuador’s Tax Evading Oligarchs Try to Reconquer the Nation

That predation led to a massive banking crisis led by fraudulent elite bankers.

Trump favours modest tax changes, says Blackstone president

He does not think the proposals for eliminating the tax deductibility of corporate debt which would increase the private equity industry's tax bill will make the cut.

Rich people love tax havens—and under Trump, the problem will only get worse

The allegations shed that much more light on the murky world of offshore financing.

Canada Revenue Agency executes search warrants against a tax scheme promoter

The CRA is always on the lookout for illegal tax schemes and those who promote them.

Which countries’ tax authorities share data with Revenue?

Revenue has agreements in place that cover more than 100 jurisdictions

Tax Simplification Should Include Repeal of FATCA

Most who are forced to comply are expatriate Americans who have, little if any U.S. presence.

IRS beats ex-Sprint CEO, COO lawsuit over tax shelter scandal

Daniel Rosen, a partner at Baker & McKenzie representing the plaintiffs, declined to comment.

Lawmakers want infrastructure funded by offshore tax reform

The process involves taxing corporate earnings that are being stored abroad when that money returns to the U.S.

Planning for a Low-Tax, High-Deficit World

It’s time to maximize deductions and go light on Treasuries.