The latest Beige Book showed U.S. economic activity continued to expand from early April through mid-May, but firms grew more pessimistic about the future while inflation increased at a modest pace.
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#beigebook #USFed #USeconomy #IWTA
A probe looking into tax breaks allowing new residents of Puerto Rico to be exempt from local taxes on investment profits is not progressing, according to a whisteblower.
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#PuertoRicotaxes #internationaltaxnews #IWTA
An Arizona man pleaded guility of defrauding the IRS of $17 million over a 5-year period through tax shelter schemes.
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#IRS #taxshelter #UStaxnews #IWTA
No billionaire tax in the U.S. That's what Treasury Secretary Janet Yellen said ahead of an upcoming meeting with G7 leaders.
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#globalwealthtax #UStaxnews #IWTA
Switzerland allows bank account details to be turned over to India in a major tax evasion case. The information stems from a whistleblower who disclosed information in 2008.
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#taxevasion #internationaltaxnews #IWTA #taxnews #Swisstaxes
Thinking of leaving California? High earners may be hit with an exit tax that could potentially impact an individual or business' finances for up to ten years after relocating.
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#Californiataxes #HNWI #UStaxnews #IWTA
Brazil is beginning efforts to overhaul its incredibly complex tax code which was approved by lawmakers last year. First to be tackled is the sin tax.
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#Braziltax #IWTA #internationaltaxnews
Will California's Taxpayer Protection and Government Accountability Act proceed? In the hands of the State's Supreme Court is whether voters will get to decide tax limit measures in November.
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#Californiataxes #UStaxnews #IWTA
