07/16/2018

Swiss Bank to Settle U.S. Tax Probe

The move means renewed momentum for a years-long tussle between Swiss banks and American officials which began with a criminal investigation into a first group of banks including UBS, Credit Suisse, Pictet and others.

07/13/2018

Andersen Tax & Legal Debuts in Ecuador

Both firms are well-respected in their markets as leaders in the industry. Profile Cia, Ltda. led by Mauricio Durango and David Uribe, has a 20-year history specializing in domestic and international taxation, transfer pricing and corporate legal services

06/13/2018

How the world’s fastest man ended up owing $2.3M in taxes

Under the tax scheme, clients shuttled millions of dollars offshore through a colourful cast of characters, including a Bahamas-based businessman later accused of stealing $20 million, and his former partner, who was shot outside his office.

06/05/2018

What expats don’t know about this tax requirement will cost them

It will take more than moving across an ocean to escape the long arm of the IRS. Americans who hold assets in foreign countries are required to report those accounts to the appropriate federal authorities — or else face penalties as high as $100,00

06/01/2018

EU puts US on the clock for tax blacklist

If the US does not comply with the OECD Common Reporting Standard by June next year it faces being placed on the EU blacklist for non-cooperative jurisdictions, an EU top official has warned.