Managers of Wealth Americas

Bank Groups Seek More Delay in Offshore Anti-Tax Evasion Law

The effective date of the Foreign Account Tax Compliance Act (FATCA) has already been postponed twice.

Global Forum moves towards automatic exchange of tax information and transparency

The international community has taken new steps to strengthen transparency and boost the comprehensive exchange of information between governments worldwide.

U.S. and France Agree to Cooperate More Intensively Against Tax Evasion

The agreement was signed in Paris by Finance Minister Pierre Moscovici and the United States ambassador, Charles H. Rivkin. It adds an important partner to the Foreign Account Tax Compliance Act

Citigroup, BNY Mellon Records Sought by IRS in ZKB Tax Probe (1)

ZKB, the biggest of Switzerland’s publicly owned regional banks, “conspired with U.S. taxpayers to help them conceal their foreign accounts,”

IMF Denies It Favors Wealth Tax

The International Monetary Fund issued a statement on November 05, 2013 denying that it favors a wealth tax

KPMG's Linda Imonti Named As One Of The Top Women Leaders In Consulting

I really enjoy the teams and people I work with, so being recognized for leadership is humbling

PwC US Releases 2014 Guide to Tax and Wealth Management

PwC US released today a new edition of Managing Your Wealth: Guide to Tax and Wealth Management, to help high-net-worth individuals, families, and business owners better understand and play an active role in growing and preserving their wealth.

USA & Hungary : Exchange of information on tax issues between Hungary and the USA

Representatives of Hungary and the United States of America initialled an agreement to improve international tax compliance and assist the implementation of FATCA regulation.

Think Tank’s Tax Plan: Heartburn for the Wealthy?

For wealthy individuals and major corporations, it could make for painful reading.

The IMF Lays The Groundwork For Global Wealth Confiscation

The International Monetary Fund quietly dropped a bomb in its October Fiscal Monitor Report.

Tax Evasion Could be Human Rights Abuse

Financial systems that enable tax evasion could be in violation of international human rights, a task force believes.

Last Chance to Report Foreign Bank Accounts to IRS

While some people intentionally evade taxes by hiding money offshore, most people with foreign accounts simply don't understand the law.

Closing Tax Loopholes Could Fix Budget Crisis

While a budget battle led to a government shutdown, and a debt ceiling fight looms ahead, Congress has seemingly forgotten about one fair and timely budget solution

Tax shock: Wealthy to be 'very surprised' in 2013

There has been no shortage of media coverage on this year's higher tax rates and new taxes, but accountants expect many of their clients to still be surprised when the bill comes due next April.

Hong Kong Seeks Agreement With US over FATCA

The Securities and Futures Commission has confirmed Hong Kong is one of 80 countries globally currently in negotiations with the US over its controversial FATCA law.

Beanie Baby Creator Pleads Guilty To Swiss Bank Tax Dodge

Warner agreed to pay a civil penalty of almost $53.6 million.

US Fatca banks law delayed – again

Swiss banks have now been told they must comply with the American law by July 2014

FATCA update for fiduciaries - Withers

Trusts covered by an applicable IGA will be subject to home country implementing legislation.

US introduces new tool to combat tax evasion: a voluntary disclosure programme…for banks

There is no question that the deal reached by the US and Swiss governments that resulted in this programme will have a deeply–resonating impact on the Swiss private banking industry

Prosecutors make example of wealthy New York family in tax-evasion case: In business

Federal prosecutors are going after a New York family they say hid a $12 million inheritance parked in a secret Swiss bank account.