Visualize, if you will, the following: I’m in a small taxi in Mumbai, having just left the hotel where I stayed during a tax conference at which I spoke. Shortly after we left the hotel, the taxi was stopped by a local policeman,... Continue reading
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Bloomberg Businessweek recently ranked Hong Kong first and Singapore second among 18 regional jurisdictions covered in its “International Business — Asia Pacific 2010” report. Access to adjoining markets, ease of business setup, and obviously favorable tax regimes account for the ranking. Heck, with... Continue reading
Having grown up in Brooklyn, New York, I have fond memories of going with my father to the Bell Cinema, an art-house movie theater, to watch those few foreign-language films that made it to the States. One of those films was Rashomon, by... Continue reading
Now that the IRS has announced at more than 33,000 individuals have come forward under the various and recent Amnesty programs, it is essential to look at how the internal mechanics of your filing will be handled by the IRS and/or the Criminal... Continue reading
Update: Tax Amnesty for Non-Reporting of Foreign Bank Accounts As you may recall from my last in a series of articles on tax amnesty, U.S. taxpayers who failed to file disclosure forms were alerted by the U.S. Treasury on September 21, 2009 of... Continue reading
The U.S. Treasury announced the current results of the Tax Amnesty that was offered for 2011 with the extended deadline of September 9, 2011. A total of more than 30-thousand individuals have come forward under the amnesty programs for 2009 and 2011. The... Continue reading
An additional 9 European banks are under investigation for suspicion of helping wealthy U.S. citizens avoid U.S. reporting and taxation. German, French, Luxemburg, Lichtenstein, Spanish, Dutch and English banks are also becoming the brunt of investigations from their own governments for relinquishing private... Continue reading
As the year 2014 quickly comes up on the calendar, we have to ask ourselves whether playing Russian roulette with a foreign bank account is still exciting or just too risky. There has been a lot of talk about the U.S. not being... Continue reading
Wen Jiabao gave his ninth (and probably final) annual concluding address of the 11th National People’s Congress (NPC) on March 13. It was a 3-hour press conference. When was the last time you heard a world leader spend three hours giving a press... Continue reading
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Financial Risk Analysis
Investments Too Risky?
It’s tough to determine which investments to use if you don’t know your own risk tolerance.Free Retirement Kit
