Managers of Wealth Americas

Think corporate tax avoidance is bad for Britain? With TTIP it could be about to get even worse

Under new trade deals being negotiated by the Government, US corporations would be able to challenge British tax laws in secret tribunals

Hedge-Fund Magnate Mercer Backs Group Attacking IRS

The IRS is in a long-running tax dispute with Renaissance Technologies, Mercer's hedge fund.

FATCA: Is the Juice Worth the Squeeze?

A recent blog post by The Tax Foundation offers compelling data that suggests a strong correlation between the recent spike in U.S citizenship renunciations and the 2010 passage of the Foreign Account Tax Compliance Act.

IRS Remains Focused on Off Shore Tax Enforcement

The IRS considered the Swiss program a success and is now looking beyond Switzerland to find additional US accountholders who may have engaged in offshore tax evasion.

5 Tax Mistakes Made by Rich People

From failing to understand tax-loss-harvesting rules to a lack of knowledge about international investing laws, these errors cost rich people both money and time.

DOJ’s Latest Offshore Tax Case Shows Expatriates Who Renounce U.S. Citizenship Not Immune From Prosecution

On his 2007 and 2008 federal income tax returns, Mr. Cambata failed to report interest income earned on his Swiss bank account in the amounts of $77,298 and $206,408

U.K. tax deal with Google wasn't just about offshore havens

The U.K. Treasury didn't immediately comment on Labour's calls. Google, a unit of Alphabet Inc., declined to comment on the U.K. deal.

It's Time for the U.S. to Deal With Tax Evaders

America is the world’s newest tax haven.

America Complains To European Union: Hey, That's Our Tax Money

That currently tax rates are low is simply a quirk of American tax law, not European.

Bernie Sanders to Target Top-10 Corporate Tax Dodgers

Three major profitable corporations not only pay nothing in federal income taxes, they actually got a rebate from the IRS,” Sanders told a town meeting in a student center at Iowa Wesleyan University.

Taxman steps up Swiss account investigations

Since Australia’s tax treaty with Switzerland was amended at the end of 2014, the ATO has intensified its investigation into holdings in Swiss banks and other financial institutions.

The World’s Favorite New Tax Haven Is the United States

By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth.

US tightens up on luxury property purchases through offshore companies

The scale of the problem is unknown, however, property markets in residential hubs like New York, Miami, and LA are believed to have benefited from the influx of ‘dirty money’ from abroad.

Lawmakers to hear proposal for extra tax on wealthy

Revenue from the tax would fund public education and transportation improvements.

Small, Private Insurers Face Increasing Scrutiny on Avoided Taxes

The answer, the Internal Revenue Service said in a 422-page response, is no.

Clinton Proposes Tax Penalty That Would Hit Son-In-Law’s Cayman Fund

According to documents cited by the Examiner, Mezvinsky, who has been married to Chelsea Clinton since 2010, and his associates at Eaglevale Partners have two outlets in the Cayman Islands

Baker Tilly Named One of the Best Companies to Work for in New York State for Third Consecutive Year

A multi-year honoree, it is the third year in a row that Baker Tilly has earned this distinction.

IRS goes after Royce Gracie claiming tax underpayment, fraud totaling $1.15 million

Remember the scrawny guy in a gi who smoked the field at UFC 1 and had everyone scratching their heads as to how such a thing was possible?

Dora the Tax Haven Explorer? Viacom Accused of Persecuting Tax-Avoidance Whistleblower

Media giant Viacom is being sued by a former senior executive who claims she was fired for objecting to an unethical, and possibly illegal, offshore corporate tax dodge.

McManus to fight US government over €4.8m tax bill

Precisely how the money was won from Mr Gores was not revealed in the legal papers.