09/25/2014
Thousands of Americans abroad are giving up their citizenship as the implementation of a complex new tax law causes banks to shut down accounts for US expatriates
09/23/2014
In a move tied to budgets, Canada’s Revenue Agency is cutting its top staff focused on international tax evasion.
09/17/2014
That certainly seemed to be the shared opinion of a panel of banking regulation experts, including two officials from the U.S. Securities and Exchange Commission, who spoke about tax compliance and money laundering at a conference Tuesday.
09/16/2014
At the request of the G20 Leaders, the OECD’s work is based on a BEPS Action Plan setting out the 15 key elements to be addressed by 2015
09/12/2014
The Treasury, in an Aug. 9 letter obtained by Bloomberg News today, told Senate Finance Committee Chairman Ron Wyden that it’s concerned about such arrangements and is weighing legislative and administrative responses.
09/12/2014
Under FATCA financial institutions enter into an agreement with the IRS and to disclose the names of all U.S. persons who hold accounts with U.S. $50,000 or more.
09/11/2014
That has now put Delaware, and other states that permit shell companies, in the sights of the US authorities, after they have campaigned against international tax havens like Switzerland to fight tax dodging and money laundering.
09/09/2014
In the year 2014, the U.S. has by far the most unequal distribution of wealth and income of any major country on earth.
09/08/2014
With the Canadian government’s decision to comply in July with a Washington tax crackdown on “U.S. persons” around the world, many Ameri-Canadians are feeling rising anger, fear and even hatred toward their powerful country of origin.
09/08/2014
The Commodity Futures Trading Commission is wary of banks invoking guarantees on foreign swap deals, and is taking steps to scrutinize such activity
09/05/2014
While the practice of corporate “inversion” may be generating headlines in the business world, a new documentary argues the larger issue of tax avoidance has become a major subversion of the global order.
09/04/2014
Combined firm further strengthens presence in Northeast Corridor, bolsters industry and service specialization strategy
09/03/2014
A San Francisco-based tax-consulting firm run by former Andersen partners is buying the rights to the Andersen name and plans to rename the firm Andersen Tax.
08/31/2014
Some firms have left the U.S. system not through inversions but through buyouts by investment funds
08/31/2014
Arthur J. Gallagher & Co. Completes Acquisition Of Baker Tilly's Employee Benefits Business
Arthur J. Gallagher & Co. today announced that it has completed the acquisition of the assets of Baker Tilly's Employee Benefits Solutions business.
08/28/2014
An effort to control tax havens for those hiding their assets overseas has resulted in broad brush impacts on hard-working expatriate Americans living and working out of country.
08/27/2014
Thomson Reuters today announced the launch of a new Checkpoint Learning Tax Research Certificate Program.
08/26/2014
“I don’t care if it’s legal; it’s wrong,” Obama has said
08/26/2014
Fox Rothschild employs 28 lawyers at its downtown Pittsburgh office.
08/26/2014
A specified foreign financial asset is any financial account maintained at a foreign financial institution and also includes "any stock or security issued by any person other than a U.S. person.