12/21/2015
US expats warned on new tax law
Under the new act set to take effect on 1 January 2016, the Internal Revenue Service (IRS) will compile a list of Americans in violation of the new rule.
12/18/2015
Bernhard Gubser says his failure to declare assets that were in his UBS account in 2008 was an innocent error
12/16/2015
Dreyfus avoided U.S. prosecution by agreeing to pay $24.2 million and admitting it “did not implement strict enough controls” to ensure that its American clients paid their taxes, the agreement says.
12/15/2015
Unfortunately, their pledge to advance human potential and promote equality has been grossly misunderstood and mischaracterized.
12/08/2015
An estate is required to report IRD when it actually collects the income.
12/08/2015
Some 57 companies have rushed to sign up to the Department of Justice’s ‘Swiss Banks Programme’.
11/30/2015
Holland & Knight LLP announced in early November that Sean Leonard, a partner with 15 years of experience in tax credit transactions, has rejoined the firm after a stint at Dentons.
11/25/2015
The tax collection agency may re-evaluate high-income taxpayers and expand to ultra high net-worth
11/17/2015
“I do believe that we must end corporate loopholes, such that major corporations year after year pay virtually zero in federal income tax"
11/11/2015
America’s controversial global tax law, FATCA, has been slammed as ‘a masterclass in fiscal imperialism and the law of unintended consequences,’ by the boss of one of the world’s largest independent financial advisory organizations
11/05/2015
First-time legislator Fausto Pinato to lead investigation into Eduardo Cunha
11/04/2015
Integrating BSI resulted in a significant jump in BTG Pactual's assets, loan book and wealth management proceeds in the quarter.
11/01/2015
U.S. expatriates and foreign account holders often are unaware of the U.S. tax laws that apply to them.
10/29/2015
The IRS says it is now swapping taxpayer data reciprocally with other countries.
10/25/2015
This figure has important consequences, as it represents money that should be in the tax base.
10/15/2015
The return on the structured note is linked to the performance of the derivative over the life of the note.
10/13/2015
Israel's second largest bank agreed to a $400 million settlement with U.S. tax authorities last December.
10/12/2015
As we wait for lawmakers to act, though, we still have time left in the year to make adjustments based on changes that have already happened.
10/11/2015
The Center for Tax Justice and the U.S. Public Interest Research Group Education Fund used the companies' own financial filings with the Securities and Exchange Commission to reach their conclusions.
10/08/2015
The companies collectively paid about 6 percent in taxes, compared to the 35 percent they would pay in the United States.