us senator introduces bill to repeal
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".
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us senator lobby group in tax info disclosure
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.
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a us fund worth reading about
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?
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us congressman unveils bill to stop corp tax abuse
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.
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vistra opens office in san francisco
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.
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principal rolls out us equity income fund
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.
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us tax specialist treitel launches own firm
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.
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irs offers a helping hand on fbars
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.
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devere names kleinworts flambard to ny office
The deVere Group has named a Guernsey wealth management expert, Adrian Flambard, to head up its New York City office, which the company says it sees as its base for a major push into the US market.
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pension seminar audience advised not to mess w irs
Pension planning considerations for US-linked clients was how a seminar held today in London was billed. But it might as well have been entitled be sure to consult an expert if your US-linked client wants advice on his UK pension.
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us financial planners group says make do better
Building on the existing regulatory infrastructure for overseeing Americas financial advisers would be better than introducing new legislation of the kind introduced this week by House Finance Services Committee chairman Spencer Bachus and Rep Carolyn McCarthy, a group claiming to represent nearly 75,000 US financial planners said.
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us may join uk australia and singapore
US lawmakers have introduced new legislation aimed at boosting the standards of advice on offer from Americas advisory industry, following in the footsteps of the UK, Australia and Singapore.