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Tax

09/06/2016

The myths behind Apple’s manufactured tax crisis

It is time to puncture two myths in particular that have gained currency.

09/06/2016

Government support for public disclosure of country-by-country reporting poses risk to BEPS implementation

This is a significant victory for campaigners and positions the UK as a leading proponent of tax transparency within the international community. However, this decision by ministers is not without risk.

08/22/2016

U.S. Tax Enforcer: «This Are the Countries We Will Target Next»

The principal deputy assistant attorney of the U.S. didn't mince her words in her address.

08/22/2016

Gordon Ramsey’s business partner gets jail time for tax evasion scheme

The fact that you are a wealthy and successful businessman should not exclude you from a custodial sentence.

08/17/2016

Proposed Tax Regulations Threaten Valuation Discounts in Wealth Transfer Planning

The new regulations would ignore many commonly-used restrictions when valuing interests in a family-controlled entity, resulting in higher values for gifts and estates, and therefore increased estate and gift taxes.

08/14/2016

Hillary reveals her plan to tax the ultra-wealthy

The "Buffett Rule" was originally proposed by legendary investor Warren Buffett to raise tax on the wealthy.

08/10/2016

IRS Expected to Face Pushback Against New Estate Tax Rules

Practitioners warn the new regulations are a court case waiting to happen

08/10/2016

Panama Papers Commission ‘Will Have No Credibility,’ Former Chair Joseph Stiglitz Says

The firm also said that it is regulated on multiple levels, often by overlapping agencies, and a strong compliance record.

08/10/2016

States Like Nevada and South Dakota Are Making It Easier for Rich People to Hide Money

And it's not just Delaware money that other states are competing for.

08/09/2016

US tax hunt overseas causes global headaches

There is little that can be done about FATCA and the change has to come from within the US

08/05/2016

Latin American tax clampdown latest threat to Swiss bank accounts

That has all changed in recent years as U.S. and European agencies offered them a chance to declare offshore accounts, pay penalties and settle back taxes.

08/01/2016

Undeclared incomes: Tax info-sharing agreements is a step in the right direction

The Foreign Account Tax Compliance Act (FATCA) was made a law in 2010 in the US and India has agreed to collect and share information under the agreement with the US for implementing FATCA.

07/29/2016

New York Art Consultant Indicted For Tax Crimes Over Offshore Accounts

Ms. Doyle has quite an art pedigree.

07/28/2016

British Columbia imposes 15% property transfer tax on foreign home buyers

It is one of new measures geared at increasing affordability in the city’s red-hot housing market

07/15/2016

Government Weakness Has Allowed Tax Dodging To Flourish

“It’s not just about clever companies,” O’Sullivan stressed. “Somebody has to create the tax haven for profits to be shifted in to, and many governments are willing to do that.”

07/14/2016

Anti-inversion legislation and US taxation - Withers

The 2016 US presidential election year has included a significant amount of discussion about international taxation.

07/12/2016

WeiserMazars Merges in Risk Management Group

WeiserMazars, based in New York, ranked 23rd on Accounting Today’s 2016 list of the Top 100 Firms, with $171 million in annual revenue.

07/05/2016

Panama Papers reveal yet another secretive aspect of hedge funds

The now-famous Panama Papers leak offers rare insight into the workings of this exclusive investment club.

07/05/2016

Planned 32% increase in CPP premiums requires offsetting tax relief for manufacturers

While employees will receive a tax deduction for a significant portion of their increased payments, no relief has been proposed for Canadian businesses.

07/05/2016

Tax litigators expect a fight as CRA boosts budget

Practice groups expect more work as changing rules lead to a more complex dispute-resolution environment

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