Managers of Wealth Americas

Other states challenging wealthy taxpayers who claim Florida residency

Cold and snow aren't the only reason hordes of people want to become Florida residents.

Credit Suisse Is Said to Be Facing Double-Barreled Inquiries

The subcommittee questioned bank executives

SA and US plan foreign tax compliance deal

The National Treasury and the SA Revenue Service were discussing entering into an inter-governmental agreement with the US on a foreign tax compliance act,

Lawsky Said to Probe Credit Suisse Role in Tax Evasion

New York’s top banking regulator is investigating whether Credit Suisse Group AG’s private banking practices resulted in the evasion of state taxes, according to a person with knowledge of the matter.

FATCA deadline looms for hedge funds

Notably, the IRS has also announced that the 19 countries which were in the process of completing their intergovernmental agreements on FATCA will be treated as though those agreements are already complete.

PwC completes its acquisition of Booz & Company

With the granting of all regulatory approvals for Booz & Company to join PwC, it is now officially part of the PwC Network. All closing conditions for the deal have been met.

Why did 3,000 Americans Renounce their Citizenship in 2013?

2013 was a year for goodbyes for many Americans as more than 3,000 citizens decided to turn in their passports and renounce their citizenship.

Snowbirds getting their wings clipped by tax treaty

Most snowbirds already know they need to keep track and report how many days they spend in each country

Luxembourg US Intergovermental FATCA Agreement Signed

The Luxembourg tax authorities this morning announced that the intergovernmental FATCA agreement (model 1) between Luxembourg and the United States was signed on 28 March 2014.

International efforts to combat tax avoidance got a boost today as OECD broadens dialogue with global partners

Over 330 senior tax officials from more than 110 jurisdictions and international organisations met in Paris on 26-28 March 2014 during the 3rd Annual Meeting of the Global Forum on Transfer Pricing.

U.S.-Hong Kong Tax Agreement a Step Forward for International Tax Cooperation

An agreement signed on Tuesday between Hong Kong and the United States on the exchange of tax information is set to become the first tax information exchange agreement (TIEA) signed by Hong Kong using the relevant legal framework established in July of la

Hong Kong, USA Work Toward FATCA IGA

On March 25, Hong Kong and the United States signed a tax information exchange agreement, which will provide the necessary basis for Hong Kong to enter into an intergovernmental agreement to adhere to the United States' Foreign Account Tax Compliance

The plea deal of an ex-banker details tax-evasion schemes

As part of a plea agreement, an ex-Credit Suisse banker recently disclosed how U.S. customers avoided offshore account disclosure requirements.

U.S. Senate Urges the Department of Justice to Seek Extradition of Swiss Bankers Who Helped U.S. Taxpayers Maintain Undisclosed Bank Accounts

The Department of Justice, confirmed it has charged 35 Swiss bankers and 25 financial advisors with helping U.S. Taxpayers hide their undisclosed overseas accounts, but has not yet sought their extradition to the United States.

Tax