11/02/2021
Following is a brief summary of certain BBBA concepts which, if enacted in its current form, would potentially increase the overall tax burden on certain parties involved in private equity mergers and acquisitions (M&A) transactions and may have year-
10/29/2021
Investments in qualified opportunity funds (QOFs) offer a number of distinct tax benefits
10/28/2021
Dynasty trusts have been established that allow wealth to be transferred from generation to generation, while avoiding federal estate taxes.
10/28/2021
In recent weeks, more than 130 countries have agreed that corporations will pay more taxes in the countries where they earn their money.
10/15/2021
The new guide includes a total of 95 countries, states, or territories on the low taxation and zero taxation lists, a net increase of four jurisdictions with respect to the previous fiscal year.
10/10/2021
When the wealth of an American individual or couple exceeds a threshold - $11.7 million or $23.4 million, respectively - each dollar value above that level, once bequeathed, is subject to a federal estate tax of up to 40% for each generation.
10/01/2021
“I want to thank Stripe for choosing to locate its first Canadian office in Toronto and joining our city’s thriving tech community,”
09/24/2021
KPMG will add RDQ’s professionals to the tax segment of its enterprise group, which supports private company entrepreneurs, family businesses, and fast-growing companies.
09/17/2021
Evatt Tamine was a lawyer in Bermuda for most of the last 20 years – but you’re unlikely to have heard about his legal work here.
09/16/2021
In any event, even under current law, the unified exemption amount will automatically decrease to $5 million (plus an inflation adjustment) come January 1, 2026.
09/09/2021
EY also announced a three-year expansion plan and a combined investment spend of US$10b between FY22 and FY24
09/09/2021
The United States collects less tax revenue as a percentage of GDP than at most points in recent history
09/08/2021
Goal is to help organizations manage domestic and international regulatory, tax and compliance issues
09/02/2021
An exposé provides a how-to guide for the aspirationally wealthy across America
09/02/2021
The CAA is welcome news for UK-resident individuals who make investments in US funds or US portfolio securities through EU-based holding company structures.
09/01/2021
From a corporate perspective, if a venture is intended to be operated in a jurisdiction it is best to start that venture in that jurisdiction.
08/23/2021
Richard adds that in addition to an IRS crackdown, the Treasury Department could seek changes to the Malta treaty.
08/18/2021
The KPMG team will be led by Linus Ostberg, who joins as director of the US tax practice of KPMG UK's family office and private client team.
08/10/2021
IRS Gets Green Light to Seek Information from Third Parties Regarding Panama Offshore Legal Services
Although the government’s efforts to identify additional foreign assets and accounts is not surprising, the news release does provide another cautionary tale of the government’s power and reach to identify taxpayers who hold foreign accounts a
07/30/2021
KPMG has been awarded the top score in an international study of brand recognition among Energy & Resources consulting firms.