Managers of Wealth Americas

12 Agreements Signed to Help U.S. Fight Offshore Evasion: Taxes

The intergovernmental agreements -- known as IGAs -- are a critical part of compliance with the 2010 foreign account tax law, international tax lawyers said in interviews.

Several Swiss Cantonal Banks to Join U.S. Tax Deal

Several Swiss regional banks said on Monday they would cooperate with U.S. officials to avoid prosecution in a crackdown on Swiss lenders suspected of helping wealthy Americans evade taxes through offshore accounts.

Mission Hills Woman Indicted in Cayman Island Tax Scheme and for Lying to Federal Authorities

Offshore tax evasion is an issue of fundamental fairness

KPMG Highlights 12 Key Business Tax Issues For 2014

As business executives outline key programs and initiatives for the coming year, several important international, federal and state tax issues could have a significant impact on their business operations and potentially their corporate reputations and, th

Mint chair Jim Love signed deal to keep taxman in dark about offshore case

Toronto lawyer and some family of ex-PM Arthur Meighen agreed not to alert tax agency about case

Swiss banks agree to US tax deal, more expected to follow

The first Swiss banks have signalled their readiness to work with U.S. officials

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.