Tax Law Blog

A recent study from the National Bureau of Economic Research (NBER) underscores the impact of the 2017 Tax Cuts and Jobs Act (TCJA) on effective tax rates for high-asset individuals, with some provisions reportedly extended earlier this year.

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 entities that operate largely under the radar, shell companies gaining a lot of attention these days. What are the concerns surrounding these companies?

Some tax return errors are mistakes, some are not. How do you know where you stand with the Internal Revenue Service (IRS) if you think there is a mistake on your personal or business returns, or if you know there is an intended error on your tax...

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.