On September 12th, the Treasury Inspector General for Tax Administration (TIGTA) released its annual report on IRScompliance trends. Individual income tax return examinations [...]
The IRS has released this Information Letter 2014-0033, with information about the U.S. tax regime for “green card” holders. The background is that non-citizen residents of [...]
So a few clients have been asking about the Net Investment Income Tax (NIIT). The purpose of the NIIT is to ensure that individuals with high income levels earned from non-wage sources contribute [...]
In view of the frenzy in the profession over compliance with the new FATCA rules, it seems appropriate to take an overview of how FATCA applies to a major source of inbound investment by foreign [...]
Singaporeans are known for being world travelers. Many Singaporeans visit the U.S. Some even decide to temporarily / permanently move to the U.S. Well known Singaporeans in the [...]
So once upon a time, many of us were comfortable thinking that it was possible to have Private equity fund managers take a share of the profits of the partnership as the equity portion of their [...]
Federal prosecutors charged six men Tuesday with running a complicated offshore scheme that allegedly enabled clients to manipulate stocks, avoid U.S. taxes and launder hundreds of millions of [...]
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At a time when record numbers of Americans are giving up citizenship, the fee for individuals to renounce U.S. citizenship is jumping to $2,350 as of Sept. 12—more than five times the current [...]
In May 2014, the government of Singapore concluded in principle, an Intergovernmental agreement with the government of the United States. This agreement, commonly known as FATCA, stands for [...]
