This interesting article came from Smith, Gambrell, and Russell, LLP: “In a 5-4 decision issued this past Wednesday, the U.S. Supreme Court ruled that the Defense of Marriage Act (DOMA) is unconstitutional, paving the way for the federal recognition of same-sex marriages. Justice Anthony Kennedy, writing for the majority, said that the act wrote […]
Read More »STEP – Trump’s tax reforms may trigger wave of incorporations
Article courtesy of STEP: “The corporate tax reductions in US president Donald Trump’s tax reform plan could prompt large numbers of US individuals to incorporate, in order to take advantage of the proposed pass-through provisions.
Read More »News Post – IRS ‘drains’ Tori Spelling and Dean
News Post:
Read More »Check Your Estate Planning List Twice
Dwelling on estate planning may seem like a bit of a downer. Now is as good a time as any to take stock of your personal finances and also make sure you have done some proper estate planning. Having your affairs in order will lift a huge burden off your family that would otherwise face […]
Read More »TAXLITIGATOR – Tax Court Holds IRS Acted Arbitrarily and Capriciously in Making Transfer Pricing Adjustments Against Amazon
Enjoy this interesting Taxlitigator Article: “On March 23, 2017, the Tax Court ruled against the IRS in its lengthy transfer pricing dispute with Amazon.com, Inc. (“Amazon U.S.”) overAmazon’s transfer pricing policies relating to intangible assets provided by Amazon U.S. to its European subsidiary in 2005 and 2006 that were required to operate Amazon’s European website […]
Read More »Talk to Your Clients About Community Property Trusts
How They Can Save Tens of Thousands of Dollars in Capital Gains Taxes
Read More »STEP – BC Government Enacts New Exemption and Refunds For Foreign Entity Tax
The following article was provided to us by STEP: “On March 15, 2017, the BC Government issued Order In Council 152/17 (the “OIC”), which creates a retroactive exemption from the 15 percent Foreign Entity Tax (the “Tax“) for foreign nationals applying for permanent residency under BC’s Provincial Nominee Program, and provides refunds for certain purchasers who […]
Read More »STEP – Court Authorizes Service of John Doe Summons Seeking Information About Dutch Residents Using American Express Cards Linked to Non-Dutch Bank Accounts
Justice Department Requested Authorization to Issue Summons Pursuant to Tax Treaty between United States and the Netherlands “A federal court in Texas authorized the Internal Revenue Service (IRS) to serve a John Doe Summons on American Express Travel Related Services Company, the Justice Department announced. The IRS John Doe summons seeks information about persons residing […]
Read More »New Legislation Could Mean the End of Estate and GSTT Taxes
What This Means for You and Your Family On January 24, 2017, the Death Tax Repeal Act of 2017, or H.R. 631, was introduced to the U.S. House of Representatives by South Dakota congresswoman Kristi Noem. If passed, H.R. 631 would completely repeal the federal estate tax. A separate companion bill put before the […]
Read More »STEP Article – Trusts targeted by South Africa’s budget tax increases
Enjoy this short blog courtesy of STEP
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