11/18/2015
With the Chancellor unable to raise funds through the tax credit system as planned, it’s likely that he’ll look to the high-earners to make up some of the shortfall. Wealthy individuals have already been hit hard by tax changes over the years,
11/13/2015
Against the backdrop of the wider BEPS agenda, the UK is seeking to levy a 25% tax on the diverted profits of groups that structure their affairs so as to avoid a UK taxable presence known as a “permanent establishment
11/11/2015
Under the Foreign Account Tax Compliance Act, which came into effect in July 2014, all non-U.S. financial institutions are required to report the financial information of American clients who have accounts holding more than $50,000 directly to the IRS.