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North America

IRS targets virtual currency in tax avoidance probe

North America | 24 Nov 16

IRS targets virtual currency in tax avoidance probe

As part of its investigation into tax avoidance through the use of virtual currencies, the US Internal Revenue Service (IRS) has filed a petition with a California court requesting personal data from virtual currency exchange firm Coinbase.

Don’t mistake equities’ current sanguine run for real strength

Equities | 24 Nov 16

Don’t mistake equities’ current sanguine run for real strength

Investors should not rest too comfortably on the relative calm with which equity markets have greeted both the UK’s EU referendum and the election of Donald Trump to the US presidency warns Guy Stephens.

Trump must show backbone and repeal Fatca: deVere CEO

North America | 21 Nov 16

Trump must show backbone and repeal Fatca: deVere CEO

US president-elect Donald Trump must show some backbone and repeal the Foreign Account Tax Compliance Act (Fatca) as a priority, says deVere founder and chief executive Nigel Green.

Trump election sparks record US equity inflows

Equities | 18 Nov 16

Trump election sparks record US equity inflows

Donald Trump’s election victory has triggered an almost unprecedented move into US equities. According to Lipper fund flows data, American investors funnelled a record net sum of $27bn (£21.6bn, €25.2bn) to US equity ETFs during the seven days after the election.

Guernsey cosies up to Trump

North America | 16 Nov 16

Guernsey cosies up to Trump

Guernsey chief minister, Gavin St Pier, has written to the US ambassador to the UK asking him to extend the island’s congratulations to Donald Trump on his election win.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.