01/08/2018
For Many Of The Global Super-Rich The U.S. Is The Number One Tax Haven
In 2010 the United States passed the Foreign Account Tax Compliance Act
01/08/2018
In 2010 the United States passed the Foreign Account Tax Compliance Act
01/07/2018
Real estate investors and developers see a win, while individual homeowners face a loss deductions
01/07/2018
Multiple US banks have already disclosed they will lose money in the short term from the changes
01/06/2018
Stefan Buck created bank accounts for dozens of Americans hiding money from tax collectors. The U.S. tried to hold him personally accountable.
01/04/2018
Goldman Sachs will mostly not be reporting its results of the 4th quarter until the mid of January.
01/01/2018
The question then: Are we already in the middle of a tax war?
12/29/2017
However, these transfer tax cuts are not permanent, and will revert to pre-enactment levels as of Jan. 1, 2026, the sunset date.
12/29/2017
One widely publicized reason: It sure didn't in 2004, the last time this maneuver was tried.
12/28/2017
If you're struggling to get by on $20 million, the GOP is looking out for you and your heirs
12/28/2017
Shuttering foreign tax shelters only to steal their business is a bad move.
12/28/2017
Law and advertising firms with overseas offices may also be hit -- as will many U.S. companies that make “excess” profit from foreign plants, equipment and inventory.
12/27/2017
The amount withheld must be “substantially equal to the tax reasonably estimated to be due” during the year, the law says.
12/27/2017
We can only speculate how the IRS will handle this issue.
12/27/2017
The petitioner in Woodley was an officer, employee, and part owner of LAJE, a corporation that operated a sandwich shop in the U.S. Virgin Islands.
12/26/2017
Chubb's preliminary estimate reflects the one-time impact of the reduced U.S. corporate income tax rate
12/26/2017
Wealthy clients who are subject to the AMT can’t deduct state and local taxes anyway, so they may not feel much of a change from the new limit on deductions for those taxes.
12/25/2017
The US is already a tax dodger’s paradise and Donald Trump’s new reforms will make it even more so. Germans are justifiably upset.
12/22/2017
Brazilian lenders, benefiting from a deep familiarity with Latin America, are sensing an opportunity as they compete with less-entrenched rivals
12/20/2017
A tax reform bill in Congress cuts taxes by $1.5 trillion over 10 years.
12/19/2017
This revelation underscores a delicate quandary