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.
Tax
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.
07/21/2017
Florida Businessman Sentenced to Prison for Conspiring to Commit Tax and Bank Fraud
Concealed Approximately $2.5 Million in Secret Belize Accounts
07/19/2017
Andersen Tax Announces Debut in Israel
We are pleased to formalize our relationship with Andersen Global and adopt the Andersen name which so clearly represents our values.
07/19/2017
Donaldson and Crithfield Found Guilty In Foster Dunhill Offshore Insurance Tax Evasion Case
In essence, privately-owned American businesses paid exorbitant premiums for various insurance coverages to an offshore insurance company controlled, taking a deduction against income for the policies, and then the offshore insurance company purchased an
07/19/2017
Canada proposes closing tax loopholes for country's wealthy
The government is also taking aim at passive investment income.
07/18/2017
International deal designed to expose offshore tax cheats
Canada and dozens of other countries will automatically share banking information of non-residents
07/16/2017
New Hampshire Raises the Ante for Wealth Protection
The state laws vary considerably.
07/13/2017
There Actually Are Some Good Tax Reform Ideas Out There
Even without a big new tax plan
07/10/2017
KPMG announces plan to introduce world's first global cloud-based Big Four audit platform on Microsoft Azure
Deployment across the KPMG network will depend on, among other things, applicable country regulations and any applicable engagement terms with companies audited by KPMG member firms.
06/29/2017
Trends in Cross-Border Real Estate Investment and the Changing Tax Landscape
The first part of the report examines how proposed U.S. tax reform could play a role in shaping real estate financing structures and could influence inflows of capital into U.S. real estate.
06/28/2017
What Happened to America’s Wealth? The Rich Hid It.
There's actually trillions that could be used to fix our roads and schools. The wealthy just don't want you to know where it is.
06/25/2017
CRA wants tougher rules for tax-cheat amnesty program
Critics say tighter rules are welcome, but should be even tougher for tax-haven abusers
06/22/2017
Tax deductions: the why behind the giving
Tax efficiency appears not to be the most powerful driver of giving among affluent American households
06/21/2017
Accidental Americans want out
It calls on French banks to stop applying the so-called Fatca legislation where they pass account details to the US tax office.
06/20/2017
FATCA goes into operation
Guyana has several U.S. companies operating here, with the latest and perhaps the largest, being ExxonMobil which is currently drilling for oil offshore.
06/19/2017
U.S. Hunts Swiss Bank "Leavers"
The Internal Revenue Service was swamped with more than 45,000 Americans who have come clean on their offshore money when the tax office offered them an amnesty.
06/19/2017
U.S. Hunts Swiss Bank «Leavers»
The Internal Revenue Service was swamped with more than 45,000 Americans who have come clean on their offshore money when the tax office offered them an amnesty.