Chase Belgrave, a Zurich-based wealth manager and financial consultancy, is working with an external trustee to offer high net worth American expatriates a pension plan that is tax efficient from a US perspective.
The number of ex-pat Americans who are formally renouncing their citizenship, though small relative to the total number who live abroad, has risen steeply in response to the increasing costs and hassles associated with being a US citizen abroad.
A Geneva-based group representing Americans living abroad has taken advantage of a US congressional investigation into the Internal Revenue Service to explain how the IRS has taken to targeting Americans living overseas.
The Swiss government said today that it had reached agreement on proposed legislation that would enable the country’s banks to comply with requests by US authorities for information in connection with their tax evasion investigations.
A US senator has introduced a bill to repeal "anti-privacy" provisions of the controversial Foreign Account Tax Compliance Act, arguing that FATCA "infringes upon basic constitutional rights".
A US state senator and conservative think tank are pushing back against international moves that they say would give foreign governments too ready access to the tax information of US citizens.
A US equity fund that has held fewer than 100 companies over a quarter-century and has an annualised return of 14.2% since 1989, has just become available to UK DFMs and wealth managers, so what is the snag?
A US congressman has introduced a bill aimed at deterring the use by American corporations of offshore tax havens, as the effects of an earlier US crackdown targeting individuals FATCA reverberate around the world.
Vistra, the Geneva-based corporate trust and fund admin services provider, has opened an office in San Francisco, as it looks to expand further into the North American market.
Principal Global Investors has launched Edge Equity Income Fund, a US large-cap focused vehicle designed to provide long-term growth in both income and capital.
David Treitel, a London-based US- and UK-qualified tax specialist, has struck out on his own with a new firm that specialises in helping American citizens, as well as advisers with American clients, who need help navigating the increasingly complex US tax landscape.
The Internal Revenue Service has announced that it will help American citizens based overseas to catch up on Reports of Foreign Bank and Financial Accounts, in an apparent softening of its stance on the timely filing of US federal income tax returns.
