by Jacob Stein | Aug 5, 2014 | Attorney Blogs, Blog
In a press conference held last week, President Obama announced that Washington will be proposing new laws to discourage the growing practice of US companies re-domiciling to countries with lower corporate taxes. The President has called Corporate or Tax Inversion –...
by Jacob Stein | Jul 30, 2014 | Attorney Blogs, Blog
The US government has signed a Foreign Account Tax Compliance Agreement (FATCA) with almost 100 jurisdictions around the world. FATCA, which went into the effect on July 1, 2014, requires that all worldwide banking and financial institutions report US account holders...
by Jacob Stein | Jul 25, 2014 | Attorney Blogs, Blog
Many believe that setting up an estate plan is all there is to estate planning. This is incorrect, and potentially disastrous. Estate plans need to be updated if certain life changes occur, and if there are no life changes, every three to four years. By leaving an...
by Jacob Stein | Jul 21, 2014 | Attorney Blogs, Blog
There is a growing trend of US companies moving their operations overseas to cutcorporate taxes. This corporate migration is not to the Cayman Islands, Gibraltar or even Ireland; it is to the United Kingdom. Corporate tax, also called Corporation tax is defined as a...
by Jacob Stein | Jul 16, 2014 | Attorney Blogs, Blog
Any U.S. citizen is allowed to surrender U.S. citizenship and move to a different country. This is commonly referred to as expatriation. It is a difficult decision, often motivated by politics or taxation. The Internal Revenue Service (IRS) releases a list of...
by Jacob Stein | Jul 10, 2014 | Attorney Blogs, Blog
Foreign investors nervously wait while Southeast Asia’s second largest economy goes through a political standstill. Earlier this month, Thailand’s Prime Minister, Yingluck Shinawatra was removed from office for abuse of power leaving the nation without a government....
