Paying Nanny Taxes in 2014
American Tax Singapore http://blog.surepayroll.com/nanny-tax-trouble/
Paying Nanny Taxes in 2014 Read More »
American Tax Singapore http://blog.surepayroll.com/nanny-tax-trouble/
Paying Nanny Taxes in 2014 Read More »
Last week, a Bloomberg article reported that Barbados is to be fire 3,000 public sector workers by March and freeze wages. The IMF apparently said that “urgent adjustments” are needed given Barbados’s debt to GDP ratio hit 94% in September. By comparison, a ratio of 93% forced Cyprus to seek an EU brokered bailout in
The Caribbean Challenge Read More »
by BRIANNA EHLEY The Fiscal Times Well, the U.S. government isn’t going to “like” this: Facebook shifted a little over $1 billion in profits earned overseas to the Cayman Islands last year. The world’s largest social networking site avoids hefty tax bills on most of its international earnings by using a web of subsidiaries in
Facebook ÄòLikes Tax Schemes to Avoid Paying Uncle Sam Read More »
Because a U.S. employee’s tax home was in the United States rather than a foreign country, he could not exclude his overseas earnings from income. Daly v. Comm’r, T.C. Memo. 2013-147 (6/6/13). James and Candace Daly were married and lived in Utah. James was a U.S. citizen and worked full time for a communications company.
We were raised to be very conscious of formal education and to value it. A good degree is a ticket, a passport as well as an insurance policy. I thought that the ‘West’ was a bit too obsessed with formal education until I moved to Asia. Last month, there was an article in the Economist
The Education Game Read More »
http://www.economist.com/news/international/21589462-cleaning-up-trusts-and-similar-entities-will-hurt-money-launderersbut-it-will-need-lot WHEN Mark Morris, a Zurich-based tax consultant with a conscience, requested a meeting with the European Commission to explain the many devious ways in which tax evaders were using shell companies and other vehicles, a bored official offered him 20 minutes. “Once I started describing all the loopholes,” Mr Morris recalls, “his eyes lit
Earlier this month, an article on FATCA in the Trinidad Express extensively quoted a local attorney named David West. Mr. West is the former Head of the Central Authority Unit and a certified anti-money laundering specialist who went on to call on those drafting the Inter-Governmental Agreement (IGA) with the US to ensure that reciprocity
FATCA and Trinidad Read More »
Effective July 1, 2013, FBARs must be filed electronically using the E-Filing System maintained by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”). This mandatory electronic filing requirement applies to all FBARs, and to amendments of previously filed FBARs, that are submitted by individuals or by entities on or after the effective
http://www.bna.com/opt-irs-offshore-n17179879879/ Since 2009, many U.S. persons with foreign accounts and income have sought shelter from the IRSonslaught. Not everyone has entered the IRS voluntary disclosure program. Still, it can be the safest move and the only one guaranteeing no prosecution. You may fear that if you don’t enter the program, you might be caught and
Should You Opt Out Of IRS Offshore Amnesty? Read More »