On May 12, 2017 we poste Are You Hiding Assets in the BVI? NOT Anymore Your NOT! where we discussed that The British Virgin Islands’ Government signed new legislation regarding Beneficial Ownership & Technical Protocol with the UK which will come into force in June 2017, which is hoped to improve the exchange of beneficial…
Read more
US Tax Planning After BEPS?
On June 6, 2017, we posted More than 100 countries conclude the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS where we discussed that more than 100 jurisdictions have concluded negotiations on a multilateral instrument that will swiftly implement a series of tax treaty measures to update international tax rules and lessen…
Read more
Lessons For US Taxpayers Hiding Assets Offshore
On July 6, 2016 we posted Argentina and Barcelona Soccer Player Leo Messi Handed Jail Term in Spain for Tax Fraud where we discussed that a Spanish court on July 6, 2016 sentenced the Argentine soccer superstar Lionel Messi to 21 months in jail after he was found guilty of tax fraud for using offshore companies to…
Read more
Due to Court Ruling IRS PTIN System Down
On June 1, 2017, the United States District Court for the District of Columbia upheld the Internal Revenue Service’s authority to require the use of a Preparer Tax Identification Number (PTIN), but enjoined the IRS from charging a user fee for the issuance and renewal of PTINs. As a result of this order, PTIN registration…
Read more
