02/17/2014
Feds Push Jail For Tax Crimes: Like Your Cell, Keep Your Cell
You sign tax returns under penalties of perjury. The numbers you report must be true they’re Not an Opening Offer.
02/17/2014
You sign tax returns under penalties of perjury. The numbers you report must be true they’re Not an Opening Offer.
02/12/2014
Barclays private bank in Switzerland became the latest bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
02/06/2014
Canada and the United States on Wednesday unveiled a tax information-sharing pact, advancing the Obama administration's fight against tax dodgers, although challenges remained to implementing a U.S. international tax transparency law.
02/05/2014
The Republican National Committee has adopted repeal of the Foreign Account Tax Compliance Act as part of its official platform.
02/04/2014
Attracted by the Netherlands’ policies and extensive network of tax treaties, IBM joins companies such as Yahoo! Inc., Google Inc. and Cisco Systems Inc. that have used Dutch subsidiaries to cut taxes.
02/03/2014
Many participating banks hStopping offshore tax evasion is also a key component of the Internal Revenue Service’s (IRS’s) ongoing compliance and enforcement efforts according to new IRS Commissioner John Koskinen. ave sent letters to their U.
02/03/2014
Royal London Asset Management demanded clarity over online retailer's tax levels – and locations where that tax was paid
02/03/2014
Failure by an FFI to disclose information on their US clients, including account ownership, balances and amounts moving in and out of the accounts, will result in a requirement to withhold 30 percent tax on payments of US-sourced income.
01/31/2014
Trusts are often used as a vehicle to reduce or eliminate gift and estate tax while bequeathing wealth to children or other beneficiaries, but are subject to taxes on their own earnings, from investments, interest and other forms of income.
01/30/2014
Deloitte has pipped rival PwC to become the world's top accountant by revenue in the face of rising pressure on fees and new rules boosting competition, a global survey showed.
01/30/2014
As U.S. regulators stepped up a crackdown on global tax evasion, some finance executives and politicians warned of harmful unintended impacts.
01/28/2014
They face serious repercussions if they don’t. Whether FATCA is a grand idea or a travesty, the IRS and Treasury Department have made Herculean efforts to implement it.
01/27/2014
Russian and U.S. tax officials will meet in Paris next week to discuss financial information sharing, Russia’s Finance Minister said
01/27/2014
When Actavis Inc. changed its incorporation to Ireland in October, the New Jersey-based drugmaker helped CEO Paul Bisaro avoid the law’s bite by handing him more than $40 million of stock as much as three years ahead of its schedule, then promising
01/27/2014
The study also revealed taxpayers who decided against voluntary disclosure by opting out were challenged with automatic audits that resulted in an average penalty of around 70% of any unpaid tax and interest.
01/27/2014
The European Union has hinted moves are afoot for an EU FACTA to include all 28 nations belonging to the union.
01/23/2014
The Center for Effective Government has discussed in detail the economic benefits and job creation this needed investment could produce.
01/22/2014
The artist behind the famous bronze statue of a charging bull near Wall Street seen as symbolising an aggressive financial optimism has settled a tax evasion claim against him in Italy.
01/22/2014
European countries feature high on the list of the nations with the world’s highest income tax rates
01/22/2014
The reporting requirement previously existed for accounts held by nonresident aliens residing in Canada, but now extended to all other countries with which the United States had an income tax treaty or information exchange agreement.