North America
EU targets US for tax haven blacklist
A “fast-tracked” OECD review could decide if the European Union adds the United States to its blacklist for non-cooperative tax jurisdictions, according to media reports.
EU announces first blacklist sanctions
The EU Commission has sent a “wake-up call” to those on its blacklist for non-cooperative tax jurisdictions, announcing its first sanctions to counter their “aggressive tax practices”.
North America | 21 Mar 18
Expats ‘considering bankruptcy’ in wake of repatriation tax
A US tax aimed at multi-nationals hoarding cash offshore is forcing clients to consider insolvency.
North America | 20 Mar 18
IRS releases Trump ‘Apple tax’ guidance
US tax authorities have produced new question and answer guidance on repatriation tax which was part of Trump’s election pledge to clamp down on offshore tax avoidance.
Best Practice | 16 Mar 18
US to shut $11bn offshore voluntary disclosure programme
The disclosure scheme that allows US taxpayers hiding offshore accounts to come clean and face more lenient penalties will close in September 2018, the Internal Revenue Service (IRS) announced this week.