03/04/2016
Accounts held by the lawyers or notaries of clients in Switzerland are now exempt from the United States’ Foreign Account Tax Compliance Act following the signing of an agreement by the countries’ authorities in February.
03/04/2016
The Foreign Account Tax Compliance Act, enacted in 2010
03/04/2016
The IRS asked a federal judge in Miami to force UBS
03/02/2016
The island's Justice Department said Wilhelm Sack and Harold Davies Mayne of the Horned Dorset Primavera are accused of withholding more than $600,000 in room occupancy tax over the past six years.
02/25/2016
The federal government asked a Florida federal court Tuesday to require Swiss bank UBS to cooperate with an IRS investigation into an American taxpayer allegedly holding funds at the bank overseas
02/23/2016
Together we are in a unique position to serve the complex accounting, administration, tax and compliance needs
02/16/2016
Under new trade deals being negotiated by the Government, US corporations would be able to challenge British tax laws in secret tribunals
02/16/2016
The IRS is in a long-running tax dispute with Renaissance Technologies, Mercer's hedge fund.
02/11/2016
A recent blog post by The Tax Foundation offers compelling data that suggests a strong correlation between the recent spike in U.S citizenship renunciations and the 2010 passage of the Foreign Account Tax Compliance Act.
02/11/2016
The IRS considered the Swiss program a success and is now looking beyond Switzerland to find additional US accountholders who may have engaged in offshore tax evasion.
02/10/2016
From failing to understand tax-loss-harvesting rules to a lack of knowledge about international investing laws, these errors cost rich people both money and time.
02/05/2016
On his 2007 and 2008 federal income tax returns, Mr. Cambata failed to report interest income earned on his Swiss bank account in the amounts of $77,298 and $206,408
02/05/2016
The U.K. Treasury didn't immediately comment on Labour's calls. Google, a unit of Alphabet Inc., declined to comment on the U.K. deal.
02/03/2016
America is the world’s newest tax haven.
02/01/2016
That currently tax rates are low is simply a quirk of American tax law, not European.
02/01/2016
Three major profitable corporations not only pay nothing in federal income taxes, they actually got a rebate from the IRS,” Sanders told a town meeting in a student center at Iowa Wesleyan University.
01/27/2016
Since Australia’s tax treaty with Switzerland was amended at the end of 2014, the ATO has intensified its investigation into holdings in Swiss banks and other financial institutions.
01/27/2016
By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth.
01/19/2016
The scale of the problem is unknown, however, property markets in residential hubs like New York, Miami, and LA are believed to have benefited from the influx of ‘dirty money’ from abroad.
01/19/2016
Revenue from the tax would fund public education and transportation improvements.