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Monthly Archives: November 2017

How Will The IRS Know? – The Paradise Papers Exposes US Clients of Asiaciti Trust!

On November 15, 2017 we posted More Then 31,000 US Taxpayers Exposed in Paradise Papers!  where we discussed that Appleby, an Offshore Law Firm/Corporate Agent's Recent Data Breach is yet Another Example of How the IRS Can Discover your Unreported Foreign Account and how the Super-rich clients of offshore law firm Appleby are bracing themselves for the exposure of their financial…
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House Passes Tax Bill With Deep Cuts For Businesses & Territorial Tax for Multinationals

According to Law360, House Republicans on Thursday succeeded in passing wide-reaching tax legislation, overcoming Democrats’ criticisms that it would significantly lower taxes for corporations and the wealthy while short-changing middle-income earners. The Tax Cuts and Jobs Act, or H.R. 1, was approved by a vote of 227-205 just two weeks after it was introduced. The legislation would…
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Americans Renunciating Citizenship is Heading for Record Year!

Now nearly 1,400 Americans renounced their citizenship in the third quarter of 2017, according to US Treasury Department data. The trend suggests the total for 2017 will be more than 6,800: 26 per cent above the 2016 total and 56 per cent higher than 2015.   Americans are on pace to renounce their citizenship in record numbers in…
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Sen. Bernie Sanders Call For Senate Investigation of the Offshore Paradise Papers Leak

We had previously posted on October 30, 2017 Another Offshore Law Firm Gets Hacked! where we discussed that Appleby, an Offshore Law Firm/Corporate Agent's Recent Data Breach is yet Another Example of How the IRS Can Discover your Unreported Foreign Account and how the Super-rich clients of offshore law firm Appleby are bracing themselves for the exposure of their financial secrets, after the…
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