Managers of Wealth Americas

Florida Law Professor Names Cryptocurrencies “Super Tax Havens”

Under the current system employers are required to report employee earnings as well as company profits

Americans Give Up Passports as Asset-Disclosure Rules Start

The number of Americans renouncing U.S. citizenship stayed near an all-time high in the first half of the year before rules that make it harder to hide assets from tax authorities came into force.

GOP governor candidate: Money channeled into Caribbean tax haven didn't affect his rate

Republican gubernatorial candidate Bruce Rauner funneled part of his wealth to a Caribbean territory long considered a tax haven, a business practice the venture capitalist defended on Sunday, stressing there was no impact on his personal tax rate.

Completing the Puzzle: The Last Piece of Cayman’s FATCA Regime Falls into Place - Applby

The US IGA was just the first piece of the complex legislative process required to allow the Cayman Islands government and authorities to agree IGAs with other governments (a similar IGA was signed with the UK Government on 5 November 2013 (UK IGA)) and t

An update regarding the new QI Agreement

On 23 July, the IRS released a bulletin encouraging entities to renew or obtain a QI agreement by 31 July 2014.

An update regarding the new QI Agreement

On 23 July, the IRS released a bulletin encouraging entities to renew or obtain a QI agreement by 31 July 2014.

Bankers push 'tax-dodge' M&A deals

The Obama administration has proposed legislation that would severely restrict the ability of US companies to invert

Billionaire investor Threatens To Dump Companies That Move Offshore

The Mavericks owner is known for his loud and sometimes distasteful comments.

Obama blasts US firms for 'magically becoming Irish' in controversial tax switches

US President Barack Obama has blasted American multinationals that move to Ireland to cut their tax bill.

New U.K.-Canada tax treaty lets authorities do audits in other country

Owing largely to the movement in recent years toward common financial reporting standards, Canadian and U.K. tax authorities have agreed to greater “exchange of information” that many companies may find disconcerting.

Private client group gains drive Raymond James to record quarterly profit

Pretax earnings jump 39% to $81.5 million; profit margins hit 10%

State Street's securities finance revenue soars

State Street currently provides custody, securities lending, fund accounting, risk analysis and performance measurement services

BVI publishes draft FATCA Guidance Notes

In the latest moves towards implementation of the FATCA Intergovernmental agreements (IGAs) signed by the BVI with the US and the UK, the BVI Government has released draft Guidance Notes for public consultation.

Renaissance, Barclays, Deutsche To Explain Tax Treatment

Renaissance Technologies is a hedge fund known to use quantitative methods to obtain an advantage in the market.

Merger Rush for Offshore Tax Break Bets on U.S. Stalemate

U.S. companies are racing to complete tax-reducing offshore mergers before a credible threat to stop them emerges from Congress.

Julius Baer expects to settle U.S. tax case in months

Julius Baer expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank's role in helping wealthy Americans evade their taxes, its chief executive said on Monday.

Standard for Automatic Exchange of Financial Information in Tax Matters

New single global standard for the automatic exchange of information between key authorities worldwide

US entices NRIs to disclose their unreported assets

The SFOP is a game changer for non-resident and resident (who would use the Streamlined Domestic Offshore Procedures ( SDOP)) taxpayers alike

Failure to Disclose Offshore Accounts Could Cost U.S. Taxpayers 50% of Their Accounts' Value

The IRS has identified at least ten banks whose accountholders face this penalty

Obama Administration Seeks Curbs on Offshore Tax Deal

In inversions, U.S.-based businesses purchase a foreign company, then switch the legal address to take advantage of the foreign jurisdiction’s favorable tax rules