5 Expert Wealth Management Tips
When people think of “wealth management,” they often conjure up thoughts of complicated financial concepts and elaborate financial processes.
Crystal worldwide Blog
What You Should Know about Controlled Foreign Companies
In many countries across the world, governments use the Controlled Foreign Company designation to ensure that domestic tax bases are not eroded and to discourage their citizens from shifting their income to jurisdictions that either do not impose tax or that have very low tax rates.
Major Study Reveals the Wealthy Avoid Taxes More than Previously Thought
Tax records are absolutely integral to the study of economic inequality, providing comprehensive information on income – and in some countries the wealth – of taxpayers in a given jurisdiction.
Mastermind in $2.2 Billion Tax Evasion Scam Nabbed
Philip Jepson Egglishaw, the mastermind of an elaborate tax evasion scam, was arrested in Italy early last month on charges related to fraud and money laundering.
Are Americans Abroad Ditching Their Citizenship because of Tax Burdens?
Each and every year, millions of Americans living abroad have to file their tax returns and pay what they owe to Uncle Sam. Believe it or not, the US is one of just two countries in the world to tax citizens living abroad.
4 Ways Big Companies Avoid Taxes
On paper, the US has what is often said to be the highest corporate income tax rates in the developed world. At 35 percent, the US’s corporate income tax is the highest rate compared to all of the OECD industrialized nations.
Australia Targets Foreign Home Buyers with New Regulations
The Australian state of New South Wales is moving to crack down on foreign home ownership in an attempt to address the intensifying housing crisis in Sydney.
UAE Joins Tax Evasion Fight
The United Arab Emirates has officially signed up to fight offshore tax evasion and avoidance, becoming the 109th country to formally sign the Operation for Economic Cooperation and Development multilateral convention on mutual administrative assistance in tax matters.
Millions Recovered in Tax Evasion Probe
According to Dutch officials, a British national and her Dutch husband were recently arrested following a tax evasion probe, with millions of euros recovered in the process.
Trump’s Tax Reform Plan: What You Should Know
Late last month, President Trump announced a new tax plan that would radically reorder the entire American tax code. A skeleton outline of the plan was unveiled at the White House in a single-page statement.