08/04/2014
Republican gubernatorial candidate Bruce Rauner funneled part of his wealth to a Caribbean territory long considered a tax haven, a business practice the venture capitalist defended on Sunday, stressing there was no impact on his personal tax rate.
08/01/2014
The US IGA was just the first piece of the complex legislative process required to allow the Cayman Islands government and authorities to agree IGAs with other governments (a similar IGA was signed with the UK Government on 5 November 2013 (UK IGA)) and t
08/01/2014
On 23 July, the IRS released a bulletin encouraging entities to renew or obtain a QI agreement by 31 July 2014.
08/01/2014
On 23 July, the IRS released a bulletin encouraging entities to renew or obtain a QI agreement by 31 July 2014.
07/29/2014
The Obama administration has proposed legislation that would severely restrict the ability of US companies to invert
07/27/2014
Billionaire investor Threatens To Dump Companies That Move Offshore
The Mavericks owner is known for his loud and sometimes distasteful comments.
07/25/2014
US President Barack Obama has blasted American multinationals that move to Ireland to cut their tax bill.
07/25/2014
Owing largely to the movement in recent years toward common financial reporting standards, Canadian and U.K. tax authorities have agreed to greater “exchange of information” that many companies may find disconcerting.
07/24/2014
Pretax earnings jump 39% to $81.5 million; profit margins hit 10%
07/24/2014
State Street currently provides custody, securities lending, fund accounting, risk analysis and performance measurement services
07/23/2014
In the latest moves towards implementation of the FATCA Intergovernmental agreements (IGAs) signed by the BVI with the US and the UK, the BVI Government has released draft Guidance Notes for public consultation.
07/21/2014
Renaissance Technologies is a hedge fund known to use quantitative methods to obtain an advantage in the market.
07/21/2014
U.S. companies are racing to complete tax-reducing offshore mergers before a credible threat to stop them emerges from Congress.
07/21/2014
Julius Baer expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank's role in helping wealthy Americans evade their taxes, its chief executive said on Monday.
07/21/2014
New single global standard for the automatic exchange of information between key authorities worldwide
07/17/2014
The SFOP is a game changer for non-resident and resident (who would use the Streamlined Domestic Offshore Procedures ( SDOP)) taxpayers alike
07/16/2014
The IRS has identified at least ten banks whose accountholders face this penalty
07/16/2014
In inversions, U.S.-based businesses purchase a foreign company, then switch the legal address to take advantage of the foreign jurisdiction’s favorable tax rules
07/14/2014
The IRS has been trying to streamline their examination of entities
07/13/2014
A U.S. Senate investigative panel will hold a hearing July 22 to probe tax maneuvers by Renaissance Technologies LLC, the hedge fund started by billionaire James Simons