Managers of Wealth Americas

Plan For Tax-Efficient Retirement Income

Fortunately, paying a high tax rate isn’t mandatory for retirees.

COVID-19 and regulatory uncertainty spur greater tax risk for organizations in 2021 and beyond, EY survey finds

Survey respondents say they anticipate a far more diverse tax risk environment spanning everything from scrutiny of routine business activity, to major, billion-dollar settlements in court.

Silicon Beach, or just another warm tax haven?

The ‘techxodus’ to southern states must not become a race to the bottom

An American abroad: Beware of the double taxation trap

American citizens are sometimes surprised when they realise that even if they are not living in the United States, they must still file tax returns there. Blue Umbrella tells us what to look out for.

Family businesses risk missing the mark on ESG - PwC Family business survey

Larger businesses and those owned by later generations also buck the trend, with greater focus on sustainability

US ETF investors mainly motivated by tax loophole, study shows

The dramatic shift is leading some large asset managers, such as Dimensional Fund Advisors, Fidelity and T Rowe Price, to either convert some of their existing mutual funds into ETFs or launch ETF clones of their existing funds.

A Massachusetts trust company is adding billions of dollars with a secret weapon -- a Cayman Islands-style tax haven, also known as New Hampshire

Fiduciary Trust Company is sheltering billions of dollars in a Granite State subsidiary to take advantage of the state's low tax burden.

Global tax enforcement chiefs target cryptocurrency

This year, the designated challenge they focused on involves the role of cryptocurrency and the financial technology industry in tax evasion.

IRS Adds Puerto Rico Act 22 Beneficiaries to List of High-Priority Tax Audit Candidates

Mark H. Leeds and Juan F. Lopez Valek of the New York office of Mayer Brown examine these recent events and announcements in the attached Legal Update and explore their interrelated meaning for US individuals and businesses that have moved, or are conside

Will Tax Havens Fall Prey to Global Momentum on Anti-Abuse Tax Initiatives?

Worldwide economies are struggling with tax revenues down sharply, and governments will turn over rocks to reduce deficits.

Great Fortunes Tax imposed in Argentina

The new tax is expected to be one-time tax, payable by Argentinian individuals with personal wealth equal or above 200 million pesos

A Small Tax Change Is a Boon for Permanent Life Insurance

Insurers worried that a government rule from 1984 threatened certain products—and sought Washington’s help

Rich Americans Bracing for Higher Taxes Await Biden’s First Move

The questions paralyzing the wealthy and their advisers are which proposals by the Democrats will pass, and when they get implemented.

Canada to tax foreign non-resident property owners

As a way to clamp down on individuals using the country as a ‘place to passively store their wealth’

Covid: Argentina passes tax on wealthy to pay for virus measures

Argentina has recorded close to 1.5 million infections and almost 40,000 deaths from the coronavirus.

USA and Monaco agreed on Tax Exchange reports

The agreement was signed by the US IRS’s Douglas O’Donnell and Monaco’s Minister of Finance and Economy, Jean Castellini.

Tax cheats deprive governments worldwide of $427 billion a year, crippling pandemic response: study

U.S. loses the most, $90 billion, according to first country-by-country breakdown of the impact of companies and wealthy elites abusing the tax system

Andersen Global Adds Additional Collaborating Firm in Barbados

Andersen Global Chairman and Andersen CEO Mark Vorsatz added, “Our collaboration with Dominique and her team enhances our capabilities in Barbados and is the next step in integrating more seamlessly with locations in the Caribbean.

Baker Tilly Expands in California’s Silicon Valley with Acquisition

In the past 24 months, Baker Tilly also expanded into Texas

To fight inequality and COVID-19, tax the ultra-rich

The federal government should introduce new taxes targeting extreme wealth concentration and use the revenues to strengthen social safety nets and stimulate the economy.