09/13/2018
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
09/11/2018
The research was made possible by the U.S. tax cut in December 2017 that contained a mandatory repatriation of profits, which allowed researchers to calculate the final tax bill for the companies.
09/11/2018
We’re getting a lot of questions from all of our clients, regardless of net worth
09/05/2018
Additional filing requirements were written into the Foreign Account Tax Compliance Act, more commonly called FATCA.
09/02/2018
The Treasury Department and the IRS anticipate further guidance will be issued in the form of proposed regulations and that the proposed regulations will incorporate guidance addressed in the notice.
09/02/2018
A document addressing the implementation of best practices is also available for each jurisdiction that opted to have such best practices assessed.
08/30/2018
In the announcement, the IRS encouraged taxpayers who need to disclose non-compliant and unreported foreign accounts and assets to come forward before the September deadline.
08/27/2018
Recent focus group questioned why agency would ask Canadians 'to turn against each other'
08/17/2018
The snapshots can be instructive for plan sponsors and plan administrators
08/16/2018
Due to the new tax law and how it handles pass-through businesses, cash balance plans are becoming popular for tax reasons.
08/08/2018
Veteran consultant Andrew Wileman reviews Richard Brooks' book Bean Counters: The Triumph of the Accountants and How They Broke Capitalism.
08/07/2018
"They may also incur the 3.8 percent Medicare surcharge.”
08/06/2018
Uncertainties about President Trump’s trade policies have also prompted the conversations, the advisers said.
07/30/2018
Bank lobbyists are now urging the Treasury Department to come up with a fix for last year’s tax overhaul that would lessen the pain from Gilti
07/23/2018
We are very grateful to the Argentine authorities for supporting this initiative
07/23/2018
The EU is estimated to lose 20% of its corporate tax revenue through profit shifting.
07/17/2018
As the International Consortium of Investigative Journalists and its partners have reported, the offshore financial services sector represents a major contributor to growing global inequality
07/16/2018
The move means renewed momentum for a years-long tussle between Swiss banks and American officials which began with a criminal investigation into a first group of banks including UBS, Credit Suisse, Pictet and others.
07/13/2018
Both firms are well-respected in their markets as leaders in the industry. Profile Cia, Ltda. led by Mauricio Durango and David Uribe, has a 20-year history specializing in domestic and international taxation, transfer pricing and corporate legal services
07/13/2018
They began their research by comparing the profits made within a country to the amount of corporate activity.