04/22/2015
Taxpayer Advocate Recommends Merging FATCA and FBAR Reporting Rules
The recommendations would amend the regulations to eliminate duplicative reporting of assets
Tax
04/21/2015
Who isn’t paying taxes?
Congressional hearings in the past few years made headlines exposing how Apple and Microsoft moved money overseas to avoid paying U.S. taxes
04/20/2015
‘Constructive’ talks on US banks tax evasion row
Tensions between Swiss banks and the United States justice authorities should ease up in 2015
04/20/2015
IRS Says Prominent Texas Billionaire & Late Brother Owe $3B
Stewart Thomas, a lawyer for the Wylys, called the IRS claims “unfair and absurd.”
04/20/2015
Four ways you can still hide your money
Wealthy Americans are running out of ways to hide their money
04/16/2015
Four Ways Rich People Can Still Hide Their Money
The Swiss bank account is no longer so secret, but there are other ways to keep assets away from prying eyes
04/15/2015
US targets tax evaders in Asia with HK investigators
The stationing of US tax investigators in its Hong Kong consulate signals that America's hunt for taxation evaders has moved to Asia, following years of probes and fines in Europe.
04/15/2015
Picking Up The Tab 2015: Small Business Pay The Price For Offshore
Every year, corporations and wealthy individuals use complicated gimmicks to shift U.S. earnings to subsidiaries in offshore tax havens – countries with minimal or no taxes – in order to reduce their federal and state income tax liabilities by
04/15/2015
Schakowsky, Sanders Introduce the Stop Corporate Tax Dodging Act to close the Notorious Tax Shelter Loophole
The legislation also would end tax breaks for companies that ship jobs overseas.
04/14/2015
These celebrities shelter their wealth in tax havens
Celebrities share the same reluctance to pay taxes as the rest of us.
04/13/2015
IRS, BIR in talks over implementation of US tax rule
Fatca, which became law in the US in 2010, “targets tax noncompliance by US taxpayers with foreign accounts,” the IRS noted on its website.
04/09/2015
US official: 'Stay tuned' for more Swiss bank deals over tax evasion
As a result of leads from banks involved in the voluntary disclosure program
04/08/2015
States Update Legal Landscape to Attract Private Family Trust Companies
States across the U.S. are implementing innovative regulatory and tax-structure solutions in the hopes of attracting private family trust companies
04/08/2015
Obama makes gains in war on tax cheats
The Obama administration is gaining ground in its war against tax cheats, racking up victories in a global crackdown that has made it harder to escape the Internal Revenue Service.
04/07/2015
Tax Season & IRS Cutbacks Bring More Headaches for Expats
That line about death and taxes?
04/07/2015
IRS chases US citizens in Australia
The Internal Revenue Service is scrutinising the tax affairs of United States citizens living in Australia with renewed intensity
04/06/2015
Rupert Murdoch's US empire siphons $4.5b from Australian business virtually tax-free
Rupert Murdoch's media empire in the US has siphoned off $4.5 billion of cash and shares from his Australian media businesses in the past two years, virtually tax free.
04/06/2015
Google to be grilled by Senate panel over tax ’dodge’
Google is failing to disclose its effective corporate tax rate in Australia despite being asked to do so by a Senate inquiry into tax dodging.
04/02/2015
Puerto Rico Approves Law to Crack Down on Tax Evasion
Puerto Rico's governor has signed a law that requires service providers to accept at least two different types of payment in a push to crack down on tax evaders
03/30/2015
FATCA Repeal Efforts Just Failed, But Is It A Good Law?
The repeal FATCA movement just went down to defeat