Managers of Wealth Americas

Global Forum on Tax Transparency marks a dramatic shift in the fight against tax evasion

The meeting marked the widespread rollout of automatic exchange of financial account of information.

Andersen Global Adds Tax & Legal Services in Argentina

The firm joins the global association with over 100 personnel and eight Partners.

Canada Revenue Agency lauds its war on tax evasion

According to the CRA, “Canada is committed to combatting offshore tax evasion and aggressive tax avoidance."

IRS Catches $10 Billion in Tax Fraud in 2018

The U.S., U.K., Canada, Australia, and the Netherlands formed the Joint Chiefs of Global Tax Enforcement earlier this year to share data, intelligence, technology, and methods to fight offshore tax crime.

U.S. Multinationals Flee No-Tax Caribbean Havens, in Favor of Low-Tax Havens

Tax experts say the driving force behind the move away from the most flagrant tax havens is a series of requirements from the Organization for Economic Cooperation and Development intended to stop companies from shifting profits abroad.

E. Cohen and Company, CPAs Expands Offerings with Launch of New Wealth Management Firm, Impact Capital, LLC

The award-winning accounting firm increases its value delivery model with integrated tax planning approach for lifetime support, taps seasoned expert Bill Bancroft to lead operations

Ecuador joins international efforts against tax evasion and avoidance

The Convention is the key instrument for swift implementation of the Standard for Automatic Exchange of Financial Account Information in Tax Matters

Introduction of Country-by-Country reporting in Curaςao

Part of the new law concerns the master file and local file that needs to be available for the Curaςao Tax Department.

U.S., Israel Expected to Announce Talks on New Bilateral Tax Deal

The U.S.-Israeli agreement is outdated, and contain some of the highest tax rates in the world, at a higher rate than U.S. bilateral agreements with other nations

New tax break rules for ‘opportunity zone’ investors

About 8,700 zones have been set up in all 50 states

ASC 740 Insights

Tax and accounting highlights

Facts US Expatriates Should Know About Their Taxes

Our professionals at Protax Consulting Services Inc have compiled a list of a few helpful facts that will assist you in further understanding US expatriate tax laws!

Liechtenstein, Peru removed from “grey” list of noncooperative jurisdictions

The listing process is part of the EU's initiative to tackle tax avoidance and evasion and promote fairer taxation, within the EU and globally

Falcone's Harbinger settles with New York on tax evasion

Offshore Manager's investment activities were led by Philip Falcone.

Andersen Global continues growth in Latin America

The international organization has almost doubled its headcount in Latin America in the past eight months.

Proposed international tax rules to treat affiliates as group

Noticeably absent from the proposed guidance is foreign tax credit computational rules, which will have to be addressed in future regulatory guidance.

How Puerto Rico Became the Newest Tax Haven for the Super Rich

A year after the tragedy of Hurricane Maria, the 51st state has become the favorite playground for extremely wealthy Americans looking to keep their money from the taxman.

Andersen Global Continues South American Expansion

BKM Berkemeyer also specializes in M&A’s, joint ventures, foreign investment, infrastructure, project finance and financial transactions, advising also on issues regarding telecommunications, water and energy projects.

IRS Moves to Ease Pain of New Tax That Targets Offshore Profits

Rules for foreign tax credits won’t come for another 60 days

Canada, Others, Taking New Steps to Thwart Global Tax Evasion

The AEOI is designed to shine a new light on “offshore” investments and bank accounts, as it requires countries to automatically and annually exchange financial account information of non-residents with the account holder’s country of re