Managers of Wealth Americas

HSBC Still Aiding Tax Fraud Even After Justice Department Settlement

Justice Department officials have defended deferred prosecution agreements

IRS Targets Banks In FATCA Crackdown

The US Internal Revenue Service has posted tax investigators to foreign embassies to lead a Foreign Account Tax Compliance Act crackdown on suspected tax evasion.

Prager Metis CPAs Completes Merger with Polakoff and Michaelson

The accounting and business consulting firm of Prager Metis CPAs, LLC, has completed a merger with Polakoff & Michaelson

Biden: Nobody Thinks Tax Increases Would Damage the Wealthy

Vice President Joe Biden said Wednesday that Republican lawmakers will be motivated to work with Democrats

Democratic lawmakers push bill to stop corporate offshore tax moves

Democratic lawmakers Tuesday pushed legislation to stop U.S. companies from reincorporating overseas to reduce their tax bills, saying a wave of so-called inversions last year has nearly doubled the revenue the federal government will lose from those move

Obama to Propose Tax Increases on Investments, Inherited Property

President Expected to Outline Tax Measures in State of the Union Address

Tax Reform Should Go Right Down Main Street

Large firms need relief, but smaller enterprises vital to the economy are often hit even harder.

Lawmakers Re-introduce Bill to Curb Offshore Tax Havens

A pair of Democratic lawmakers in the House and Senate have re-introduced legislation aimed at preventing the abuse of offshore tax havens by multinational companies.

Swiss citizens come clean on tax cheats

A total of 15,039 Swiss residents have filed voluntary disclosures since the government introduced an amnesty

Legal twist to info exchange

Barbados appears to be moving into full financial information-sharing mode as the world’s most powerful countries put their foot down on tax evasion.

Top 10 Reasons to Abolish the Corporate Income Tax

Tax complexity disappears, the obsession with after-tax profit vanishes and stock prices climb even higher.

Bank Leumi Fined $400 Million for Tax Evasion Scheme; Bans Compliance Officer

Bank Leumi Group will pay a total of $270 million to the United States, and another $130 million to the New York State Department of Financial Services

Netherlands, Curacao To Avoid Double Taxation From 2016

The Dutch Ministry of Finance announced that a new regulation for the avoidance of double taxation between the Netherlands and Curacao is expected to be effective beginning 1 January 2016.

The Less Taxing Way Asia’s Rich Invest in ETFs

European-listed ETFs are popular with Asian investors wanting to avoid tax headaches.

It’s All About Income Tax

Private placement life insurance may provide many advantages for your clients

New Jersey Paid Fees To Mary Pat Christie's Firm After State Investment Was Terminated

Pension overseers and financial experts characterized the appearance of the arrangement as deeply troubling.

Indian Americans' global assets under tax lens; India may soon become a signatory to US law

It was more than a statement — the newborn would be an American citizen and enjoy the privileges that came with it.

Burger King’s move to Canada could save $1.2B in taxes

Miami-based Burger King Worldwide in August agreed to buy Tim Hortons in an $11 billion deal that will create the world’s third largest fast-food chain.

US Republican presidential hopeful Jeb Bush uses UK fund that could lower his American tax bill

Jeb Bush, a front-runner to become the Republican Party’s next presidential nominee, has used Britain to set up a private equity fund that could possibly allow it to avoid paying tax in America

Leumi May Reach Agreement With U.S. Over Tax Evasion by January

Bank Leumi Le-Israel Ltd. (LUMI) expects to reach an accord with the U.S. government by next month over accusations Israel’s second-largest bank helped Americans evade taxes.