09/01/2017
Recent developments under FATCA, U.S. withholding tax, and global information reporting
113 countries had entered into intergovernmental agreements
Tax
08/30/2017
Andersen Tax & Legal Adds Location in Querétaro, Mexico
Andersen Tax & Legal in Mexico will continue to provide deep tax expertise across many service lines
08/28/2017
Large Companies Oppose Idea for Taxing Foreign Profits
Congressional Republicans are weighing minimum tax, but alliance warns of unintended consequences
08/28/2017
IRS May Consider Bitcoin Cash Fork Taxable Income This Year
Some bitcoin holders delay dealing with bitcoin cash or their exchanges do not support it, making it difficult to retrieve the cryptocurrency soon after it was created.
08/25/2017
Seattle-Denver accounting firm merger includes Houston office
Revenue of the combined firm is expected to near $600 million.
08/22/2017
Canada professionals hit out at stricter voluntary disclosure
The existing VDP is too lax and allows some individuals and companies to avoid paying what they owe.
08/18/2017
Navigating the Minefields of Estate Planning With Carried Interest
Section “2701 has a lot of moving pieces and there are different layers of complexity,” Angkatavanich said.
08/16/2017
Anchin Private Client Wins NYSSCPA Family Office Cup
Anchin Private Client, a specialized group within New York-based accounting firm Anchin, Block & Anchin LLP, developed the winning presentation
08/10/2017
Talking Taxes: How to Bring Offshore Profits Home
Explaining the knotty subject of U.S. funds abroad, and efforts to repatriate the money
08/09/2017
Brazil Says Offshore Assets Amnesty Yielded Billions
The 120-day amnesty had to pay a 15 percent income tax charge.
08/07/2017
Are you a Taxpayer identified by IRS for not Reporting Offshore Financial Assets?
The US has information exchange agreements with other tax jurisdictions that govern the exchange of information for tax purposes.
08/02/2017
Costa Rica: Tax reform is needed to ensure inclusive growth
OECD Tax Policy Reviews: Costa Rica 2017 provides an in-depth assessment of Costa Rica’s tax system and underlines the key tax policy challenges facing the country.
08/02/2017
CRA getting tougher on tax evasion
The CRA is actively gathering information from domestic and international sources to identify and charge offenders criminally.
08/01/2017
Global Tax Digest - Eversheds
Back to Basics: IRS Letter Cautions Against Inadvertent ERISA Benefit Offerings
07/31/2017
US, Turkmenistan ink deal to implement FATCA provisions
The automatic exchange of financial account information for tax purposes has become the global standard in the effort to curtail offshore tax evasion.
07/31/2017
The Malta Pension Plan – A Supercharged, Cross-Border Roth IRA
A Roth IRA may be the best vehicle available to achieve these goals.
07/28/2017
New Canadian banking rules called 'game changer' for real estate tax evasion
The CRA also will be able to share this client banking information with other countries that join the common reporting system.
07/25/2017
The Pitfalls of Streamlined Foreign Account Disclosures
While many taxpayers may believe that their facts fit within the requirements of the streamlined procedures, it is the tax professional’s obligation to caution them on the dangers of trying to shoehorn facts suggesting willfulness into a streamlined
07/25/2017
PFIC, CFC and K-1s: US tax implications and reporting requirements with US investors in offshore funds
FATCA has a further complicated the situation, funds now have to either file on behalf of the US investors or at a minimum provide the necessary tax information.
07/25/2017
KPMG 2017 CEO Outlook Demonstrates How Innovation Comes of Age
What has improved among CEOs is their confidence in integrating cognitive technologies, such as artificial intelligence.