Tax Law Blog

Black, grey, non-cooperative? What is the difference in how an offshore tax jurisdiction is identified in the international tax community?

In an effort to increase the resilience of banking giant UBS, the Swiss finance minister laid out stringent new safeguards that may limit the global reach of the company.

The longtime effort to develop a global minimum tax rate hit a big snag when U.S. legislators recently proposed a “revenge tax” on investors from countries that apply such a tax to U.S. companies.

A recent study takes a fascinating look at what drives high-asset individuals to invest in offshore accounts.

Immigration of wealth never goes out of style. As countries vie to attract high-asset immigrants, two recent proposals stand out: a U.S.-based “Gold Card” initiative and the U.K.’s proposed “Britannia Card.”

For most mistakes, minor infractions, or errors, the Internal Revenue Service (IRS) will assess a penalty with interest. If the IRS believes a tax crime was committed, the outcome could be different.

Considering a foreign bank account? It pays to know where your money might be going.

While the name is pretty vanilla, a “John Doe” summons is an important tool when the Internal Revenue Service (IRS) is looking for taxpayers who may be involved in tax evasion.

Globally and at home, money laundering is illegal, highly profitable—and a big problem.

To counter tax fraud and tax evasion, the Internal Revenue Service (IRS) requires individuals who have money in a foreign bank account or offshore tax haven to file specific reports. Those reports include the Foreign Account Tax Compliance Act...