04/02/2019
Other challenges include deciding how a minimum tax would interact with a “defensive regime” that denies deductions for payments made to an offshore entity that isn’t subject to the minimum tax regime, and how to avoid double taxation if
03/26/2019
Despite this they often find that they are eligible to pay tax on their global income in America because US tax eligibility is based on citizenship and not residency (as it is in most countries).
03/26/2019
According to the report, tax policy has gained traction as a tool to boost progress
03/24/2019
The settlements are the end result of a series of Department of Justice (DOJ) probes that were related to the DOJ’s 2007 investigation targeting UBS AG, Switzerland’s largest bank.
03/13/2019
That overhaul is expected next year at the earliest, assuming a consensus can be reached among the 127 countries taking part in the talks.
03/12/2019
Estimate the investment income taxes you could owe to the IRS.
03/08/2019
The income that accrues within the offshore pension plan on the invested plan assets may be taxable
03/01/2019
Two parts of 2017 law can help avoid tax on carried interest
02/28/2019
The report says: “All jurisdictions asked to commit to the Global Forum’s AEOI Standard, have now done so, except the United States.”
02/27/2019
Such taxes used to be common in Europe, a place many Democrat socialists like to point to in order to try and sell their policies.
02/26/2019
Withholding tax has long been the most significant local tax issue on European lending transactions.
02/14/2019
The cap on the state and local tax deductions at $10,000 raised the highest effective state tax rates to 12.7 percent from 7.7 percent in New York City
02/13/2019
Predictably, battle lines quickly were drawn between proponents and opponents of tax increases.
02/08/2019
The issue is rekindling an old debate between advocates for a progressive wealth tax who say it would raise federal revenue while shrinking the gap between rich and poor, and detractors who argue it would demoralize "job creators" and discourage
02/06/2019
The repatriation tax created a one-time 15.5 percent tax on cash and cash assets, and a 8 percent tax on illiquid assets
02/06/2019
The rule applies to corporate taxpayers with gross receipts of more than US$500 million
02/01/2019
Attempts to raise revenue must include the comfortably off as well as the ultra-wealthy
01/31/2019
"The U.S. tax code is very, very complicated," Cohn says
01/30/2019
As part of the program, taxpayers would receive protection from criminal prosecution for failing to previously report their foreign accounts and the income from those foreign accounts
01/30/2019
Tax authorities identified 3,000 people or corporations connected to Canada in the Paradise Papers leaks but have not yet recovered any money.