05/16/2017
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.
Tax
05/16/2017
U.S. firms push Trump administration for lower tax rate
The lobyists are making an aggressive case that reducing the tax rate on offshore revenues to 10 percent from 35 percent.
05/15/2017
U.S. companies push hard for lower tax rate on offshore profits
The lobbyists are making an aggressive case that cutting the tax rate on offshore profits to 10 percent from 35 percent, as the administration has indicated it may favor, is not enough.
05/09/2017
Be wary of White House claims about tax plan Hi-Tech Chronicle
Republican tax plans always seem to provide massive tax cuts for the wealthiest Americans.
05/09/2017
Tax traps for unwary immigrants
The test for citizenship is relatively straightforward.
05/03/2017
Critical Anti-Tax Evasion Legislation Under Attack
The forum could have been an opportunity to spur reasoned debate to address some of the issues raised by FATCA.
05/01/2017
US Expats FACE FATCA Tax Filing Dilemma
The IRS would accept three years of filings and tax payments while writing off previous undeclared years and promising no legal action.
04/30/2017
Trump cuts spark fears of global tax war
Planned dramatic tax reform could increase competition between countries, pushing economies into the red
04/30/2017
Accidental Americans Caught In FATCA Net
The Canadian Revenue Agency has passed on reports about 469,827 accounts, but knows nothing of the other disclosures.
04/28/2017
Trump’s tax cut plan will wreak chaos and incite ‘tax war’, says Chinese commentary
People’s Daily article reflects Beijing’s concerns about Trump’s tax proposal
04/27/2017
Canadian businesses pull money out of tax havens
Increased scrutiny of tax havens brought about by the Panama Papers may have played a role in reducing investment in tax havens.
04/26/2017
White House unveils largely familiar tax reform principles
The administration did not couch its principles in legislative language, nor did it provide technical descriptions explaining how specific provisions would operate.
04/25/2017
Will Hedge Fund Millionaires Flee South If They Face Higher Taxes?
That does not mean the fight over the carried interest tax loophole is dormant
04/25/2017
Some Canadian bank record information being sent directly to IRS
There are entities that do not meet the technical definition of a reporting Canadian financial institution, as per the legislation.
04/24/2017
Miami Lures Another Brazil Bank as Amnesty Unlocks Hidden Wealth
A second phase of the program kicks in this year.
04/24/2017
Debit cards, Offshore Funds and a John Doe Summons
Others have employed foreign trusts, employee-leasing schemes, private annuities or insurance plans for the same purpose.
04/24/2017
Trump to Push 15 Percent Corporate Tax Rate
he president on Wednesday will reportedly unveil a plan calling for significant corporate tax cuts.
04/21/2017
Panama Papers law firm boss sees tax shelter boom in US
Law firms in Panama have been required to undertake due diligence — to know their clients and the final beneficiaries of the companies they create — since 2015.
04/21/2017
WSJ Wealth Adviser Briefing: Trump’s Tax Overhaul, Working With Widows
Curated news and analysis for wealth advisers and their clients from WSJ reporters and columnists and beyond
04/18/2017
For the sake of American taxpayers, companies must pay their fair share
In fact, when Americans were asked in 2014 how best to strengthen our economy, the number one response was “ask the wealthy and corporations to pay their fair share.