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.
08/25/2014
There’s more than one way for a U.S. company to avoid taxes by claiming a foreign address.
08/24/2014
Now, foreign individuals will continue to use a similar one-page Form W-8BEN.
08/21/2014
It was quietly enacted in 2010, and after a four-year ramp up, it’s finally in effect. What is most amazing is not its impact on Americans—although that is considerable—but its impact on the world. Yes, the whole world.
08/19/2014
In 2009, the IRS struck a groundbreaking deal with UBS for $780 million in penalties and American names
08/15/2014
A former executive of a bank in Bahrain pleaded guilty to federal income tax fraud, admitting that he filed three false tax returns and failed to file a fourth return, resulting in a tax loss to the United States of more than $1.3 million over four years.
08/15/2014
Corporate tax revenues have dropped dramatically over the last two generations, feeding concerns among tax analysts about the recent rash of corporate “inversions.”
08/13/2014
Under the current system employers are required to report employee earnings as well as company profits
08/07/2014
The number of Americans renouncing U.S. citizenship stayed near an all-time high in the first half of the year before rules that make it harder to hide assets from tax authorities came into force.