Managers of Wealth Americas

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.

Six tax havens that draw Canada’s wealthy

“There’s a difference between evasion and legitimate tax planning,” he cautions.

For CFOs, Tax Overhaul Is a Leap Into the Unknown

Policy makers speaking at the meeting put on an optimistic face for their audience of CFOs.

Trump's Offshore Tax Plan May Mean Extra Perk for Apple, Pfizer

It’s impossible to discern the precise effect on companies they generally disclose only portions of their tax planning to shareholders every year.

PCAOB adopts new standard for audit reports

In the making for nearly a decade, the new standard adopted by the PCAOB follows multiple comment periods and revisions since the initial publication of a concept release in 2011.

Will Republicans Ever Kill FATCA?

The U.S. Treasury is having significant difficulties in administering an astonishingly complex tax code

Canada on Track to Collect $9.6 Billion in Offshore Tax Evasion Cases

We are building a stronger and more fair tax system, where those who choose to cheat are no longer able to hide and will face the consequences of their actions.

Are You Hiding Money From the IRS Overseas? Be Very Afraid

The IRS is currently mining extensive data provided by banks in Switzerland and elsewhere to find scofflaws and their enablers.

KPMG-linked offshore companies ordered documents destroyed amid CRA probe

Department of Justice had demanded accounting giant preserve all records

Cut Corporate Taxes? This Is How the Biggest Companies Cheated on Taxes in 2016

The two banks combined to DEFER nearly $10 billion.

Probe of Canadian tax cheats could lead to jail time

It’s the strongest signal yet that Canadians named in the Panama Papers could end up behind bars.

Assets climb 23% to $3 trillion in good year for ETF providers

Vanguard Group's sponsored ETF assets grew 26.6% as of year-end 2016, to $611.8 billion.

Overseas Tax Holiday For Tech Giants May Come With A Catch

There's trillions of dollars offshore

Finance Minister Bill Morneau vows to close ’unfair’ tax loopholes

Commitment follows a Star investigation that detailed a culture of corporate secrecy that remains entrenched across the country.

Data Mining to Find Tax Cheaters

That Swiss bank account may be closed—but it’s not forgotten.

Canadian banks dominate Caribbean's unsavoury financial sector

The president-elect's firm is alleged to have had dealings with CIBC FirstCaribbean, a subsidiary of Canada's fifth biggest bank.

Barbados remains Canada's top tax haven

Canadians for Tax Fairness has been tracking the amount of money shifted offshore for years.

Federal government warned about perils of tightening tax amnesty program

People can also apply to the Canada Revenue Agency for relief of prosecution and penalties.

Aga Khan island that hosted Trudeau owned by company with offshore ties, records show

Bahamas hideaway linked to web of companies in countries that impose strict financial secrecy.

Federal government warned about perils of tightening tax amnesty program

The federal government has been loud in its plans to crack down on wealthy tax cheats and ensure Canadians pay their fair share.