May 2022 – Every business’s most significant issue is taxes. Not only is it challenging to keep track of everything, but it is frequently more expensive than anticipated. To avoid such annoyances, the experts at Simplex Group recommend considering some additional ideas and methods that can help you save money on taxes for your company. …
Ron Pol – When the solutions to Panama, Paradise, and Pandora papers prevent better anti-crime outcomes. The latest round of coordinated outrage from a carefully manicured document leak – dubbed the Pandora Papers – provoked the usual storm of readymade “solutions” this week to “fix” the anti-money laundering system. But when perceptions (no …
Is it necessary to file taxes as a foreign national living in the United States? Learn everything you need to know in this guide.
Sanford Millar* Paul Manafort, the former campaign manager for president Donald Trump was sentenced to a term of 47 months in prison this week and ordered to pay millions of dollars in restitution. He will also be assessed a 75% tax fraud penalty. Some have argued that his prison term was far to short and …
Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced today that Manhattan art gallery owner MARY BOONE was sentenced to 30 months in prison for filing false tax returns as part of a multi-year tax fraud scheme that cost the U.S. Treasury over $3 million. BOONE previously pled guilty …
Art Gallery Owner’s Tax Returns “More Impressionism than Realism” Read More »
Baker & McKenzie – With tax disputes rising exponentially across the globe, the risk to multinational corporations is greater than ever. New research from Baker McKenzie reveals that among the Fortune 500, as much as USD 75.3 billion is currently under dispute – a figure so large it threatens to wipe out more than half …
The Shape of Water: Tax Disputes in the Age of Intangible Value Read More »
Skadden Arps – Tax reform, shifting international dynamics, Trump administration goals and a potentially strong market for transactions all seem likely to impact business activity in 2018. Below are 10 areas to explore in our 10th annual Insights publication. 1. Tax Reform Takes Center Stage The most comprehensive tax reform in the United States since 1986 made …
Ifrah PLLC – Congress is poised to deliver on tax reform this year. As part of the package, both houses are seeking to encourage the repatriation of trillions of dollars that corporations and wealthy individuals have been stockpiling offshore. For decades, corporations and wealthy individuals have been able to avoid taxes legally by transferring assets …
Did The Paradise Papers And Panama Papers Play A Role In The GOP Tax Plan? Read More »
A young lawyer was named co-winner of a competition run by the Tax Policy Scholarship Charitable Trust (TPSCT) after outlining fundamental reform of how companies and their shareholders are taxed. Treasury’s Matt Woolley impressed judges with his proposal and joined fellow winner, Talia Smart from Inland Revenue (IRD), in receiving $7000. He was one …
Lawyer’s proposal to reform company tax a winner Read More »
On October 30, 2017 Paul Manafort, the former campaign chair for president Donald Trump was indicted by a Federal Grand Jury in the District of Columbia. The charges arise from Manafort’s unregistered consulting and lobbying efforts on behalf of the former president of the Ukraine. The charges that are in the common interest to all …
What Does the Manafort Indictment Mean For the US Taxpayer? Read More »
