12/23/2013
Separately, EFG International is disappointed to report that its 2013 profit will be adversely impacted by a charge of approximately CHF 20 million following an unexpected outcome of a longstanding legal action in the UK to which it was a party.
12/20/2013
The scheme requires Swiss banks to hand out some previously hidden information and face penalties of up to 50 percent of assets they managed on behalf of U.S. clients.
12/18/2013
Bank will decide at a later time whether to register for Category 3 or not to participate at all.
12/18/2013
This will be advantageous for the stability and a level playing field for our Dutch financial sector in the world.'
12/17/2013
Finance Minister Edward Scicluna and US Ambassador Gina Abercrombie-Winstanley signed the Foreign Account Tax Compliance Act yesterday
12/17/2013
Sheldon Adelson makes no secret of his disdain for the estate tax.
12/16/2013
The intergovernmental agreements -- known as IGAs -- are a critical part of compliance with the 2010 foreign account tax law, international tax lawyers said in interviews.
12/16/2013
Several Swiss regional banks said on Monday they would cooperate with U.S. officials to avoid prosecution in a crackdown on Swiss lenders suspected of helping wealthy Americans evade taxes through offshore accounts.
12/13/2013
Offshore tax evasion is an issue of fundamental fairness
12/11/2013
As business executives outline key programs and initiatives for the coming year, several important international, federal and state tax issues could have a significant impact on their business operations and potentially their corporate reputations and, th
12/10/2013
Toronto lawyer and some family of ex-PM Arthur Meighen agreed not to alert tax agency about case
12/10/2013
The first Swiss banks have signalled their readiness to work with U.S. officials
12/09/2013
The law was enacted after a Swiss banking scandal showed U.S. taxpayers hid substantial fortunes overseas.
12/09/2013
The IRS is pushing back against the report
12/09/2013
Valiant Holding AG on Monday became the first Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
12/09/2013
"New York does have unique advantages. It won't kill the city, but it sends a message out, we're not interested in entrepreneurs. More importantly we don't understand real wealth creation."
12/03/2013
This is the first time that the revenue aspect of decentralisation has taken centre stage at a global level to allow countries to debate key questions about who should tax what and share good practices and experiences.
12/02/2013
Between ObamaCare, Iran and last quarter's uptick in U.S. economic growth, taxpayers these days may be distracted from several dangers to come
12/02/2013
The letter also discusses the status of tax reform, various tax provisions expiring at the end of 2013, and changes in international and state and local taxes.
12/01/2013
The United States has signed agreements with the Cayman Islands and Costa Rica to counter offshore tax evasion, the US Treasury Department announced Friday.