10/07/2013
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.
10/07/2013
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.
10/01/2013
Warner agreed to pay a civil penalty of almost $53.6 million.
09/30/2013
Swiss banks have now been told they must comply with the American law by July 2014
09/22/2013
Trusts covered by an applicable IGA will be subject to home country implementing legislation.
09/22/2013
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
09/22/2013
Federal prosecutors are going after a New York family they say hid a $12 million inheritance parked in a secret Swiss bank account.
09/18/2013
More than a dozen Swiss banks will have to pay billions of dollars in fines for helping their American taxes.
09/14/2013
Bank customers who do not update (actualicen in Spanish) their personal information with their local bank, within the next three months, could face possible closing of their accounts.
09/14/2013
That's what banks around the world have been telling their U.S. customers, as they try to avoid having to comply with a new tax law due to come into force next year.
09/14/2013
That's what banks around the world have been telling their U.S. customers.
09/09/2013
The agreement now returns to the upper house to iron out a difference in the two versions related to the date when the Fatca agreement will be implemented.
09/04/2013
New treaties will require financial institutions to automatically disclose customer assets to overseas tax bodies
09/04/2013
OECD Secretary-General Angel Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals.
09/02/2013
Swiss private bank group sees U.S. Tax spats resolved by 2015
Hundreds of banks may be covered by an accord between the U.S. and Switzerland over how to punish firms that used accounts to help American clients evade the Internal Revenue Service
08/29/2013
The settlement program will apply to about 100 second-tier Swiss banks
08/29/2013
This program will significantly enhance the Justice Department’s ongoing efforts to aggressively pursue those who attempt to evade the law
08/27/2013
The Swiss government is due to decide today whether to accept the accord
08/27/2013
Switzerland said it has agreed to a draft plan with the U.S. for the country’s banks to settle a tax-evasion dispute after years of diplomatic wrangling.
08/27/2013
The US Internal Revenue Service has released a series of videos to help foreign financial institutions sign up for the Foreign Account Tax Compliance Act