07/12/2015
Under the agreement, banks, mutual funds, insurance, pension and stock-broking firms will report their American client details to the tax department for sharing with the USA, said a finance ministry official, who declined to be named.
07/10/2015
Two more Swiss banks have agreed deals with the US Justice Department over tax evasion by Americans.
07/08/2015
The agreement could result in a fall in investments from small U.S investors into India's equity and debt markets for some time
07/06/2015
The Obama administration quietly handed a victory to U.S. companies that avoid taxes by claiming a foreign address
07/03/2015
Jeffrey Webber is a venture-capital investor and private-equity fund manager.
07/03/2015
Fortunately for most management companies and investment advisor entities, they will likely fall under the “deemed compliant” definition
07/01/2015
The IRS wants to sharply curtail a favorite tax benefit affecting family partnerships and LLCs
07/01/2015
Collaboration offers tool to simplify FATCA business entity compliance as 2016 deadline looms
07/01/2015
A private equity executive won his five-year legal battle with U.K. authorities to stop his fees from managing venture capital funds being taxed twice.
06/30/2015
The Best’s Briefing, titled, “A.M. Best Comments on Proposed U.S. Tax Changes of Offshore (Re)Insurers, states that companies would likely seek operating alternatives to ensure capital efficiency if the tax benefits for offshore companies are
06/26/2015
The taxman in the United States is reminding people with one or more bank or financial accounts outside the country that they need to file their Foreign Bank and Financial Accounts by the end of June.
06/26/2015
Senate Finance Committee ranking member Ron Wyden, D-Ore., has introduced legislation aimed at preventing offshore tax avoidance by some U.S. hedge fund “reinsurers.”
06/26/2015
The legislation that was introduced is the Carried Interest Fairness Act of 2015.
06/25/2015
While the Foreign Account Tax Compliance Act became law in 2010, it has been slowly transitioning to implementation
06/21/2015
FATCA was enacted by the U.S. Congress in 2010 to target non-compliance by U.S. taxpayers using foreign accounts.
06/19/2015
The U.S. Model Income Tax Treaty generally represents the United States’ opening position in treaty negotiations
06/12/2015
What is a hedge fund investor to do?
06/11/2015
IRS reminds taxpayers of important June deadlines for FATCA and FBAR filings
06/03/2015
Billionaire hedge fund founder Leon Cooperman takes issue with the former secretary of state's portrayal of his profession.
06/02/2015
In her recent testimony before Congress Caroline Ciraolo Acting Assistant Attorney General stated the enforcement priorities for the Tax Division. Among the four areas of focus is Offshore Tax Evasion.