06/01/2018
EU puts US on the clock for tax blacklist
If the US does not comply with the OECD Common Reporting Standard by June next year it faces being placed on the EU blacklist for non-cooperative jurisdictions, an EU top official has warned.
Tax
05/30/2018
Tax law led to increase in pension-plan contributions in 2017: study
“Firms contributed more to their pensions in 2017 because they could get a tax deduction at 35 percent,”
05/29/2018
Paraguay 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.
05/29/2018
Peru to join two major OECD Conventions:Anti-Bribery Convention and multilateral Convention on Mutual Administrative Assistance in Tax Matters
The Convention is the key instrument for swift implementation of the Standard for Automatic Exchange of Financial Account Information in Tax Matters.
05/24/2018
Brazil signs key tax agreements with Singapore and Switzerland
These actions improved the conditions for bilateral investment into Brazil while the grey-listing counter-measure aimed to create an equilibrium between the countries’ tax regimes.
05/21/2018
Pass-through tax strategies for business-owner clients
Shifting business structure, changing filing status and spinning off equipment are examples of ways business owners can take advantage of the deduction
05/18/2018
Andersen Global Continues Expansion in Canada
The firm also provides U.S. Federal and state and Canadian tax return preparation services for individuals and businesses.
05/16/2018
Trump Tax Overhaul Doubles Estate-Tax Exemption for Super-Rich
Dynasty trusts let the richest Americans protect and preserve wealth for generations, while minimizing tax bills.
05/14/2018
Post Tax Act Planning Key For HNW Clients After A Spouse’s Death
The new tax law does create estate planning opportunities to trim other taxes.
05/10/2018
New Tax Law Means More Money, More Problems for T&E Lawyers
Trusts and estate lawyers are facing high-class problems, EP Wealth Advisors names a new CEO and 280 CapMarkets launches 280 BestX document support.
05/09/2018
A Toronto realtor has been named in whistleblower's list of secret Swiss bank clients
Stankovic's name was revealed as part of a large cache of private financial data copied by an employee of HSBC Private Bank in Switzerland and seized by French police
05/09/2018
Crowe Horwath International announces global rebrand of all member firms
Crowe will thrive in a rapidly changing world through our clear strategic vision, new common brand and the commitment of our members.
05/03/2018
What’s Next for U.S. Taxpayers with Undisclosed Foreign Assets?
There are still many clients who are not aware of their disclosure and reporting obligations.
05/01/2018
The Right Trust Can Yield Tax Advantages For Wealthy Clients
The possible benefit of a non-grantor trusts “is new, complicated and very different.
04/25/2018
British lawyer found guilty in $14m US tax saga
A British lawyer has been convicted of helping a wealthy family hide millions in Swiss bank accounts.
04/13/2018
A hedge-fund manager owes $1 billion in taxes after a loophole catastrophically closed
John Paulson will have to pay $1 billion in taxes this year because of a tax loophole that is now closed.
04/04/2018
IRS clarifies withholding tax on disposition of partnership interests by non-U.S. persons
The Act further provides that if the transferee fails to withhold as described above, the partnership is required to withhold on future distributions to the transferee-partner.
04/03/2018
New Tax Headaches For U.S. Citizens Abroad
What is more, as a U.S. citizen he was required by the I.R.S. to report any amount in aggregate of $ 10,000 U.S. held in Canada at any time in the last taxation year and if he didn't do so, he would be found out because his Canadian bank would likely
03/30/2018
Taxpayers with undisclosed foreign accounts need to COME FORWARD NOW.
If you are a Taxpayer with unreported foreign financial assets and have failed to file foreign information returns, consult your specialized tax Representative NOW.
03/29/2018
Tax concerns leading a record number of American ex-pats to renounce citizenship
FATCA requires American financial institutions and corporations to disclose if any of their employees or clients are U.S. citizens living in Canada.