Tags » Offshore Accounts

FATCA Stats

The Foreign Account Tax Compliance Act (FATCA) was enacted by Congress in 2010 as a way to target non-compliance by U.S. taxpayers using foreign accounts. Here are some statistics and numbers related to FATCA’s implementation. 160 more words

IRS

"A Different Set Of Rules": Tax Dodger Running For Governor In Illinois

If you are not in the Chicago media market, you might not know much about Bruce Rauner, the Mitt Romney-like candidate for governor in Illinois, who is running ahead in the polls against Democratic Governor Pat Quinn. 497 more words

Right Wing

THE WORM IN THE APPLE: STEPHEN HARPER AND DEMOCRACY

 Certitude is not the test of certainty. – Oliver Wendell Holmes, Jr.

I hear many condemn these men because they were so few. When were the good and brave ever in the majority? 5,287 more words

Political Commentary

"Magically Becoming Irish": If Corporations Are People, Shouldn't They Have To Expatriate Like People?

It’s a common complaint among American expatriates: no matter how far away you go, you can’t escape Uncle Sam’s taxes.

But that’s not the case with American corporations that move their putative “headquarters” overseas, as President Obama… 262 more words

Corporations

U.S. Citizens Can Still Reduce Taxes Today Using Offshore Accounts

Tax Savings – Legal / Available Despite Media Headlines

Offshore investing is often demonized in the media, which paints a picture of investors stashing their money with some illegal company located on an obscure Caribbean island where the tax rate is next to nothing. 1,395 more words

Tax Havens