09/06/2016
The myths behind Apple’s manufactured tax crisis
It is time to puncture two myths in particular that have gained currency.
Tax
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