08/27/2013
The U.S. and Switzerland agreed to resolve a long-running dispute over offshore tax evasion by letting some banks voluntarily disclose wrongdoing and turn over account information on American clients
08/25/2013
Switzerland will decide soon on whether to keep pursuing a tax agreement with the United States, an outgoing top diplomat
08/11/2013
More U.S. citizens are giving up their American passports as the government cracks down on tax evaders.
07/30/2013
The NPA provides that LLB-Vaduz will not be criminally prosecuted for opening and maintaining undeclared bank accounts for U.S. taxpayers from 2001 through 2011
07/27/2013
In the latest example of how the world’s wealthy nations have ramped up cooperation against offshore tax evasion
07/16/2013
Japan has a law called the Tax Haven Counter Measure Law. It applies to any Japanese subsidiary in a low tax jurisdiction with a tax rate of 20% or less
07/16/2013
National tax laws have not kept pace with the globalisation of corporations and the digital economy, leaving gaps that can be exploited by multi-national corporations to artificially reduce their taxes.
07/15/2013
On July 12, 2013, the Internal Revenue Service announced revised timelines in connection with the staged implementation of the various due diligence, verification, withholding, and reporting requirements
07/12/2013
A group of Swiss banks will offer key information to U.S. investigators looking into tax evasion, the Wall Street Journal reports.
07/07/2013
Corporate tax avoidance has become a hot political issue following public outrage over revelations in the past year
07/06/2013
Campaigners lobbying against the US Foreign Account Tax Compliance Act
07/05/2013
THE revelations of wrongdoing currently rocking the Vatican bank couldn't have come at a worse time for the Swiss-born anti-money laundering expert hired to lead the Holy See's push for greater financial transparency.
07/02/2013
The Swiss government announced a new approach allowing banks to hand over data to U.S. authorities in a bid to solve a dispute over undeclared assets and forestall further indictments by the Department of Justice.
06/27/2013
The survey was conducted among 60 Northern Trust clients in Europe, Middle East and Africa attending a seminar on The Foreign Account Tax Compliance Act (FATCA) at Northern Trust's Canary Wharf offices.
06/26/2013
Our Government is committed to combating tax evasion and getting tough on tax cheats.
06/24/2013
Douglas Hornung, an attorney representing the unnamed Credit Suisse employee, said he won an interim ruling in January blocking Credit Suisse from transferring the data. That ruling was confirmed by the civil court in Geneva on Friday, Mr. Hornung said.
06/20/2013
Two other appeals courts have ruled that a trustee liquidating a fraudulent business can’t accuse other parties of fraud.
06/18/2013
Swiss lawmakers refused to bow today to pressure to vote on a deal with the United States exposing US tax dodgers
06/12/2013
An international deal to crack down on secretive tax havens is in jeopardy
06/11/2013
US authorities are examining the use of virtual currencies such as Bitcoin amid fears that Americans are using them to evade taxes.