04/06/2017
Americans abroad lobby for tax changes
FATCA requires financial institutions in other countries to report information about accounts held by U.S. citizens.
Tax
04/05/2017
Foreign Account Tax Compliance Act will COST more money than it recovers
Last month, Mr. Green warned $1.5 million U.S. citizens in East Asia may renounce their citizenship according to a poll conducted by deVere Group and its Hong Kong division Acuma.
04/04/2017
Ecuador’s Tax Evading Oligarchs Try to Reconquer the Nation
That predation led to a massive banking crisis led by fraudulent elite bankers.
04/04/2017
Trump favours modest tax changes, says Blackstone president
He does not think the proposals for eliminating the tax deductibility of corporate debt which would increase the private equity industry's tax bill will make the cut.
03/30/2017
Rich people love tax havens—and under Trump, the problem will only get worse
The allegations shed that much more light on the murky world of offshore financing.
03/30/2017
Canada Revenue Agency executes search warrants against a tax scheme promoter
The CRA is always on the lookout for illegal tax schemes and those who promote them.
03/27/2017
Which countries’ tax authorities share data with Revenue?
Revenue has agreements in place that cover more than 100 jurisdictions
03/27/2017
Tax Simplification Should Include Repeal of FATCA
Most who are forced to comply are expatriate Americans who have, little if any U.S. presence.
03/24/2017
IRS beats ex-Sprint CEO, COO lawsuit over tax shelter scandal
Daniel Rosen, a partner at Baker & McKenzie representing the plaintiffs, declined to comment.
03/24/2017
Lawmakers want infrastructure funded by offshore tax reform
The process involves taxing corporate earnings that are being stored abroad when that money returns to the U.S.
03/23/2017
Planning for a Low-Tax, High-Deficit World
It’s time to maximize deductions and go light on Treasuries.
03/17/2017
Ahead of federal budget, Morneau says world should follow Canada’s tax-the-rich plan
The government appears to have budged in response to those concerns.
03/16/2017
PKF O’Connor Davies Named ‘Tax Advice’ Award Winner
Industry honor recognizes Firm’s Family Office Services Division for excellence in private client category at Family Wealth Report Awards 2017
03/16/2017
Ecuador's Right-Wing Candidate Linked to 49 Tax Haven Companies
The financier tried in recent years to tidy up his businesses in order to enter the political arena.
03/10/2017
KPMG Tops Big Four Firms on FORTUNE's Best Companies List for Third Year Running
At KPMG, our commitment to creating an inclusive culture where all of our people can thrive and innovate is unwavering
03/09/2017
How to prepare your business for a rise in mergers and acquisitions
The first step in preparing for a sale or merger is to obtain an up-to-date business valuation.
03/08/2017
RBC Closes Customer Accounts as Panama Papers Review Concludes
The leaks suggested politicians and business leaders channeled billions of dollars through offshore accounts using some of the world’s biggest banks.
03/08/2017
Canada taxman denies amnesty as more IoM schemes uncovered
Early dispute resolution, where appropriate, is in the public interest. Litigation is costly for everyone and the outcome of complex, tax-related litigation processes may be unsuccessful.
03/07/2017
Latam tax amnesties test private banks stamina
Moving onshore could help the Swiss giants retain their piece of the pie.
03/07/2017
Alleged tax cheats turn to courts to quash federal probe
CRA investigation in wake of Panama Papers leak unconstitutional, court action claims