09/11/2014
That has now put Delaware, and other states that permit shell companies, in the sights of the US authorities, after they have campaigned against international tax havens like Switzerland to fight tax dodging and money laundering.
09/09/2014
In the year 2014, the U.S. has by far the most unequal distribution of wealth and income of any major country on earth.
09/08/2014
With the Canadian government’s decision to comply in July with a Washington tax crackdown on “U.S. persons” around the world, many Ameri-Canadians are feeling rising anger, fear and even hatred toward their powerful country of origin.
09/08/2014
The Commodity Futures Trading Commission is wary of banks invoking guarantees on foreign swap deals, and is taking steps to scrutinize such activity
09/05/2014
While the practice of corporate “inversion” may be generating headlines in the business world, a new documentary argues the larger issue of tax avoidance has become a major subversion of the global order.
09/04/2014
Combined firm further strengthens presence in Northeast Corridor, bolsters industry and service specialization strategy
09/03/2014
A San Francisco-based tax-consulting firm run by former Andersen partners is buying the rights to the Andersen name and plans to rename the firm Andersen Tax.
08/31/2014
Some firms have left the U.S. system not through inversions but through buyouts by investment funds
08/31/2014
Arthur J. Gallagher & Co. Completes Acquisition Of Baker Tilly's Employee Benefits Business
Arthur J. Gallagher & Co. today announced that it has completed the acquisition of the assets of Baker Tilly's Employee Benefits Solutions business.
08/28/2014
An effort to control tax havens for those hiding their assets overseas has resulted in broad brush impacts on hard-working expatriate Americans living and working out of country.
08/27/2014
Thomson Reuters today announced the launch of a new Checkpoint Learning Tax Research Certificate Program.
08/26/2014
“I don’t care if it’s legal; it’s wrong,” Obama has said
08/26/2014
Fox Rothschild employs 28 lawyers at its downtown Pittsburgh office.
08/26/2014
A specified foreign financial asset is any financial account maintained at a foreign financial institution and also includes "any stock or security issued by any person other than a U.S. person.
08/25/2014
There’s more than one way for a U.S. company to avoid taxes by claiming a foreign address.
08/24/2014
Now, foreign individuals will continue to use a similar one-page Form W-8BEN.
08/21/2014
It was quietly enacted in 2010, and after a four-year ramp up, it’s finally in effect. What is most amazing is not its impact on Americans—although that is considerable—but its impact on the world. Yes, the whole world.
08/19/2014
In 2009, the IRS struck a groundbreaking deal with UBS for $780 million in penalties and American names
08/15/2014
A former executive of a bank in Bahrain pleaded guilty to federal income tax fraud, admitting that he filed three false tax returns and failed to file a fourth return, resulting in a tax loss to the United States of more than $1.3 million over four years.
08/15/2014
Corporate tax revenues have dropped dramatically over the last two generations, feeding concerns among tax analysts about the recent rash of corporate “inversions.”