Managers of Wealth Americas

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.

A tax loophole that needs to be nailed shut

Economists call it rent-seeking.

Clinton to unveil wealth tax proposals

Since launching her campaign in April, Clinton has bemoaned what she sees as unfair tax policy, arguing it's wrong “when hedge fund managers pay a lower tax rate than truck drivers or nurses.”

America’s richest 400 households paid a 16.7 percent tax rate in 2012

These 400 households collectively comprise 0.0001 percent of taxpayers, but accounted, by themselves, for roughly 1.5 percent of all income.

There's a secret, separate US tax system that rich people use to save billions

The fronts for the super-rich donate lavishly to both the Republicans and the Democrats, and the loopholes are exploited by everyone from the Kochs to Soros.

Global dragnet puts pressure on tax evaders as year-end deadlines loom

Some have been warned that their accounts could be frozen or liquidated.

Really rich people are suddenly paying quite a bit more in taxes

The effect has been to create a kind of private tax system, catering to only several thousand Americans.

For the Wealthiest, a Private Tax System That Saves Them Billions

The very richest are able to quietly shape tax policy that will allow them to shield billions in income.

Financial Services Companies Seek Exceptions to 367(d) Rules

Each commenter noted that financial institutions operating abroad have been under increasing pressure to reorganize foreign branch operations into locally incorporated subsidiaries.

Tim Cook says charges of Apple tax avoidance are 'total political crap'

Appls keeps most of the money it generates overseas parked offshore.

US expats warned on new tax law

Under the new act set to take effect on 1 January 2016, the Internal Revenue Service (IRS) will compile a list of Americans in violation of the new rule.