06/10/2021
New U.S. capital gains tax proposals for gifts, inheritances and trusts
These new capital gains taxes would be in addition to those generally applicable under the existing gift and estate tax regime.
06/10/2021
These new capital gains taxes would be in addition to those generally applicable under the existing gift and estate tax regime.
06/09/2021
If the information was leaked by someone with access to IRS data, it would be one of the biggest breaches in the agency's history.
06/08/2021
As British power collapsed, some of its possessions became self-governing territories that were not part of the United Kingdom but which came under British defence agreements and preserved strong links with London.
06/02/2021
The past year also left the markets wondering whether a trade deal would ever be struck between the UK and the European Commission as the Brexit deadline loomed.
05/30/2021
Most employees report their taxes on a W-2 form, and their employer acts as a third-party verifier of that income and employee — leaving the chance of tax evasion in this case small.
05/25/2021
Warren's press release said this funding would help close gap between the taxes wealthy people owe and what they actually pay through more staffing and stricter enforcement.
05/21/2021
The release follows criticism from Republican lawmakers and tax analysts that the estimate is unrealistically high.
05/20/2021
Global accounting firms have mostly managed to keep their clients' names secret by arguing that their codes of conduct prevent them from publicly naming the multimillionaires behind the shell companies they helped to set up.
05/17/2021
The recovery...sends an unequivocal message that offshore evasion is still a high priority of Internal Revenue Service Criminal Investigation
05/11/2021
Meets family office needs for a unified accounting, general ledger and reporting system
05/06/2021
Many tax departments now have innovative, cost-effective new ways to tackle old problems.
05/03/2021
Wealthy face doubling of capital-gains rate under Biden plan
04/30/2021
This Legal Update discusses the mechanics of PET and how to take advantage of it.
04/28/2021
IRS chief Charles Rettig said earlier this month that tax evasion costs the US $1trn more each year.
04/23/2021
The plan would also nearly double taxes on capital gains to 39.6% for people earning more than $1m.
04/20/2021
While some may forecast a negative impact on the art market as collectors may have less cash in their pockets available for discretionary purchases (like art), we do not think this tax change spells all doom and gloom.
04/20/2021
The wealthy are facing a rise in taxes. Charitable donations are a way to reduce exposure while giving back.
04/19/2021
Boca Juniors striker files court injunction to avoid paying the country's new wealth tax, the latest example of the difficulty in making millionaires comply with the levy.
04/16/2021
The Organisation for Economic Cooperation and Development (OECD) has been working on proposals for addressing the tax challenges of the digitalisation of the economy for a number of years.
04/13/2021
The agreement between the Swiss Federal Council and the Government of the Kingdom of Saudi Arabia for the avoidance of double taxation with respect to taxes on income and capital entered into force on 1 April 2021.