Tags » Tax Matters

Foreign Account Tax Compliance Act in Greece

More and more Greek-Americans that have bank accounts in Greece are receiving notices from their Banks requesting that they sign W-8 or W-9 (in some instances -though incorrectly-) statements. 357 more words

Tax Matters

The Hindu - 01 Nov 14 - Going beyond disclosure

The Hindu – 01 Nov 14 – Going beyond disclosure

< the sense>> Confidentiality in tax matters is both an essential part of due process in preliminary proceedings and a necessary ingredient for international cooperation in curbing evasion. 635 more words

The Hindu

The Need for Tax Planning

by Rick Huff

It is a minefield that you must cross 

Life is certainly not becoming any simpler. While the requirements of the American Taxpayer Relief Act of 2012 as well as the tax provisions of The Patient Protection and Affordable Care Act affect a great many ordinary taxpayers, the higher income taxpayers will soon realize their tax planning will be comparable to a ‘tip-toe’ through a minefield. 371 more words

Wealth Management

Your Tax "Bucket List"

by Rick Huff 

 Manipulating income to maximize your tax bucket

As a wealth/financial advisor with a CPA license, I am lumped with all CPAs when it comes to continuing education. 453 more words

Wealth Management

Tax incentives available to Agricultural Companies in Kenya

The Income Tax Act (Cap 470 Laws of Kenya) allows some incentives to Agricultural companies in the form of capital allowances. These allowances are made before determining the taxable income an Agricultural Company. 296 more words

Tax Matters

What to do if the Revenue Authorities ask for more than their fair share in tax…

Under the Income Tax Act (CAP 470 Laws of Kenya) the Commissioner of Domestic Taxes, acting through the Kenya Revenue Authority officers has power to issue an additional assessment of tax and demand additional tax from a tax payer. 560 more words

Tax Matters

Will Indian tax authorities send demand notice to Facebook?

Recently Facebook acquired Instant Messaging company Whatsapp for staggering amount of USD 16 Billion. Whatsapp co-founder has given an interview in Economic Times today stating that he wants the user base in India to increase to 1 billion from the current level of 40 million. 323 more words