05/25/2016
U.S. officials say he “enriched himself” with $400 million (U.S.) in mark-ups and paid tens of millions of dollars in bribes to Bahraini officials, a Toronto Star/CBC investigation has found.
05/23/2016
Eric Schoenberg, 54, is a New Jersey millionaire and he believes he should be paying more in taxes.
05/20/2016
There is practically no legal way for a U.S. citizen to avoid paying U.S. taxes, even if this income is somehow connected to a shell company in a low tax jurisdiction, or tax haven.
05/16/2016
These are some of the New Yorkers who have parked their cash offshore or set up companies in farflung island nations to shelter their holdings.
05/16/2016
The problem is that Congress acts like a drug addict for spending money for political benefit, and raising taxes (or borrowing) so it can spend more money to keep up with its addiction.
05/12/2016
NYS is currently focusing on the use of resale certificates
05/11/2016
Financial firms will have to verify their identities through documents such as passports - but will not have to confirm their ownership stakes in the companies.
05/09/2016
The paper trail reveals Ritter's arrest by the RCMP in October 2005 effectively ended his relationship with Mossack Fonseca
05/02/2016
The profits passed through Luxembourg
04/29/2016
The Panama Papers exposed tax avoidance schemes by wealthy individuals, including high political officials.
04/27/2016
Delaware still stands out for its emphasis on privacy, which garnered for it the label of world’s most secretive jurisdiction twice over the past decade -- once by the Tax Justice Network and another by National Geographic magazine.
04/24/2016
Delaware is home to more companies than people because of its pro-business laws
04/20/2016
Issues related to international taxation have been discussed mainly within the OECD, which is composed largely of developed nations.
04/20/2016
Canadians have taxes on the brain and not just because the April 30 income tax deadline is quickly approaching
04/20/2016
The Treasury Department states, though, that under IRS regulation section §1.1471-1(b)(78), the agreement will not be treated as if it is in effect.
04/19/2016
The Internal Revenue Service has now advised anyone using offshore accounts to contact them as the investigation gains momentum.
04/19/2016
Baker Tilly rose three spots to No. 9 from its 2016 ranking, led by strong practice area rankings, leading employee benefits offerings and the quality of life it provides for its employees.
04/15/2016
General Electric and Microsoft also store more than $100 billion each outside of the county.
04/08/2016
The award will be presented and Tim will be honored at the 2017 Winning is Everything conference.
04/08/2016
Panama-based law firm Mossack Fonseca is one of the world’s biggest creators of shell companies, but the United States is becoming one of the biggest tax havens in the world for people looking to evade taxes or hide money.