01/02/2018
The global tax war may already be under way
The question then: Are we already in the middle of a tax war?
Legal,Regulation,Tax & Compliance
01/02/2018
Celebs lose film scheme tax plea
Tax avoidance doesn’t pay
01/02/2018
How Many Trusts And Estates Lawyers Can Increase Their Incomes By $1 Million Or More In 2018
Not surprisingly, the key is generating new profitable business.
01/01/2018
What Happens When a Spouse Hides Money During a Divorce?
Some well-to-do spouses still engage in complex and expensive schemes in the attempt to keep assets for themselves and out of the pool of community property.
12/30/2017
Appleby v The Guardian, a 30 second legal analysis
Arguing disclosure was necessary to prevent serious harm to the public would be extremely difficult.
12/29/2017
FINRA hits JP Morgan Securities with $2.8M fine over custody failures
The SEC rule creates requirements to protect customers' funds and securities.
12/29/2017
Citigroup to pay $11.5m over false stock ratings
The firm’s actual research reports, which were available to brokers, and the research ratings appearing in those reports, were not affected by these errors.
12/29/2017
More than $500 million recovered by tax authorities worldwide following the Panama Papers
This number could keep growing with several countries still conducting audits on the basis of the Panama Papers information.
12/28/2017
USA: Clawback Under New Tax Law
We can only speculate how the IRS will handle this issue.
12/28/2017
It’s time to address the double standard about tax havens
Switzerland tops the list of the Tax Justice Network’s financial secrecy index—and the United States comes in third. European Union (EU) member states Germany and Luxembourg also fall in the top 10.
12/28/2017
Saudi Arabia releases 23 high-level ‘corruption’ detainees
The suspects have been held at Riyadh’s luxurious Ritz Carlton hotel since early November and told to hand over assets and cash in exchange for their freedom.
12/28/2017
The U.S. Is Becoming the World’s New Tax Haven
Shuttering foreign tax shelters only to steal their business is a bad move.
12/28/2017
Swiss Banks To Begin Collecting Foreign Taxpayer Data
An expanded list of the territories that Switzerland intends to automatically exchange information with from 2019 has been newly published on the State Secretariat for International Finance's website
12/27/2017
The role of AI in the delivery of legal and private wealth advisory services
"But where I don't see artificial intelligence making a significant in road is when it comes to high net worth individuals,"
12/27/2017
Chinese Contractor Sued for ‘Massive Fraud’ Over Bahamas Resort
CCA may face more than $2.25 billion in liabilities for misleading and defrauding the plaintiff and depriving it of its investment.
12/27/2017
How the world's worst carbon polluter became the biggest issuer of 'green' bonds
By the end of November 2017, China led global green bond issuance with 66 deals that raised $24.89 billion
12/26/2017
Credit Suisse risks third straight loss on tax law
The new tax bill means both “Credit Suisse and UBS will have to book a loss,” Mirabaud analyst Andreas Brun said by telephone.
12/26/2017
Full extent of multi-billion dollar bank heist's links to Scottish firms revealed
Much of the 'dirty' cash was funnelled through anonymous Scottish and other UK shell firms.
12/26/2017
Jewelry Industry Vs. Fraudsters: A Diamond-Cut-Diamond Match
Diamond giant De Beers has noticed a trend of millennials buying smaller diamonds and even choosing alternative stones when it comes time to pop the question.
12/26/2017
Property Tax Deductions and Wealthy Clients
Wealthy clients who are subject to the AMT can’t deduct state and local taxes anyway, so they may not feel much of a change from the new limit on deductions for those taxes.