Jones Day posted Tax Regularizations in Latin America: What's a Financial Institution to Do? which discusses that the increasing number of tax regularization programs in Latin America—most recently in Argentina, Brazil, Colombia, and Peru—is of keen interest to the cross-border wealth management industry. These programs are the latest Latin models of the global transparency trend,…
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Border Tariff or Border Adjustment Tax?
According to Reuters Breakingviews there's a lot of talk these days about borders and taxes in Washington. U.S. President Donald Trump wants to hit firms that outsource with a simple tariff on imports. Republicans in Congress have pitched a more complex idea, a border adjustment, built into a corporate-tax overhaul. Breakingviews ticks through the winners and…
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Set up Your 2017 Calendar to Reflect New Filing Dates for 2016 US Tax Returns
On July 31, 2015, President Obama signed into law P.L. 114-41, the “Surface Transportation and Veterans Health Care Choice Improvement Act of 2015,” which includes a number of important tax provisions, including revised due dates for partnership, S corporations and C corporation returns and revised extended due dates for some returns. Revised Due Dates for Partnership, S…
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Why You Need An Experiance Tax Attorney To Successfully File a Petition to Quash an IRS Summons! – Part II
According to Law360, a group of taxpayers associated with a limited partnership under audit by the Internal Revenue Service lost their battle against the agency’s summonses for financial information when the U.S. Supreme Court declined to hear their appeal of their Eleventh Circuit loss on Monday. The taxpayers had tried to argue that the high court…
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