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US cracks down on ‘unpatriotic’ corporations’ tax inversion deals

The American corporations labeled unpatriotic for exploiting loopholes to avoid US taxes may see the so-called tax inversion schemes much less lucrative with the new rules announced by the US Treasury to crack down on the practice. The American corporations labeled unpatriotic for exploiting loopholes to avoid US taxes may see the so-called tax inversion […]

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FATCA and the End of Banking Secrecy

Cezary Blaszczyk writes: Among the many recent revelations about American surveillance operations was the fact that, according to Der Spiegel, the U.S. intelligence apparatus “not only conducted online surveillance of European citizens, but also appears to have specifically targeted buildings housing European Union institutions,” Few, if any, of those commenting of late on such affairs […]

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UK Tax Research

United Kingdom corporation tax – Wikipedia, the free encyclopedia www.sbs.ox.ac.uk/centres/tax/Documents/Corporate tax in the United Kingdom.pdf HM Revenue & Customs: Who is liable for Corporation Tax Official UK Revenue Dept. LLP pays no tax like US S-Corp In the United Kingdom LLPs are governed by the Limited Liability Partnerships Act 2000 (in Great Britain) and theLimited Liability Partnerships Act (Northern Ireland) 2002 in Northern […]

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GlobalIntelHub2

Global Tax Chaos coming

The OECD has stated in a report commissioned by the G20 that there will be “global tax chaos” in the next few years due to falling tax revenues from multinational companies around the world. Perhaps we could have saved a few thousand dollars by not commissioning the OECD report, since we could have all told them that was going […]

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