Managers of Wealth Americas

IRS Not Fully Ready for Law Against Offshore Tax Evasion, Watchdog Warns

The law was enacted after a Swiss banking scandal showed U.S. taxpayers hid substantial fortunes overseas.

Watchdog Finds Problems with FATCA Registration System

The IRS is pushing back against the report

Swiss Bank Valiant is First to bow to U.S. Tax Probe

Valiant Holding AG on Monday became the first Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.

Forbes: De Blasio's New Tax Could Drive Wealthy From New York

"New York does have unique advantages. It won't kill the city, but it sends a message out, we're not interested in entrepreneurs. More importantly we don't understand real wealth creation."

Making fiscal decentralisation work: lessons from around the world - OECD

This is the first time that the revenue aspect of decentralisation has taken centre stage at a global level to allow countries to debate key questions about who should tax what and share good practices and experiences.

Romain Hatchuel: The Coming Global Wealth Tax

Between ObamaCare, Iran and last quarter's uptick in U.S. economic growth, taxpayers these days may be distracted from several dangers to come

Baker Tilly Releases Year-end Tax Update

The letter also discusses the status of tax reform, various tax provisions expiring at the end of 2013, and changes in international and state and local taxes.

Costa Rica to Provide Financial Info on US Account Holders in Agreement Against tax evasion

The United States has signed agreements with the Cayman Islands and Costa Rica to counter offshore tax evasion, the US Treasury Department announced Friday.

Canadian Authorities Can’t Handle Offshore Cases

Canadian tax authorities been given both praise and warnings about their ability to adequately investigate cases of offshore tax evasion.

US Expats Need to Research Tax Laws Before Relinquishing Passport

Being an American abroad can be difficult.

Canadian banks to be compelled to share clients' info with U.S.

Starting next July, Canadian banks will be required to ask anyone opening a new account if they are now, or ever have been, an American "person."

Fines Are Tax on Banks’ Extra Profits, Krawcheck

Sallie Krawcheck, a former executive at Bank of America Corp. and Citigroup Inc., said government fines and charges levied on the largest U.S. banks are a tax on excess profits the lenders made.

7 Billionaires Convicted For Tax Evasion

Most often, rich people are known for blowing away their money on buying luxury cars and jewellery.

Bank Groups Seek More Delay in Offshore Anti-Tax Evasion Law

The effective date of the Foreign Account Tax Compliance Act (FATCA) has already been postponed twice.

Global Forum moves towards automatic exchange of tax information and transparency

The international community has taken new steps to strengthen transparency and boost the comprehensive exchange of information between governments worldwide.

U.S. and France Agree to Cooperate More Intensively Against Tax Evasion

The agreement was signed in Paris by Finance Minister Pierre Moscovici and the United States ambassador, Charles H. Rivkin. It adds an important partner to the Foreign Account Tax Compliance Act

Citigroup, BNY Mellon Records Sought by IRS in ZKB Tax Probe (1)

ZKB, the biggest of Switzerland’s publicly owned regional banks, “conspired with U.S. taxpayers to help them conceal their foreign accounts,”

IMF Denies It Favors Wealth Tax

The International Monetary Fund issued a statement on November 05, 2013 denying that it favors a wealth tax

KPMG's Linda Imonti Named As One Of The Top Women Leaders In Consulting

I really enjoy the teams and people I work with, so being recognized for leadership is humbling

PwC US Releases 2014 Guide to Tax and Wealth Management

PwC US released today a new edition of Managing Your Wealth: Guide to Tax and Wealth Management, to help high-net-worth individuals, families, and business owners better understand and play an active role in growing and preserving their wealth.