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> Information provided on this site is for general guidance only and is often simplified. Actual IRS procedures are complex, and taxpayers should obtain professional assistance or use IRS sources for complete information.

 

Switzerland Yields To US Tax Demands,
by Ulrika Lomas, Tax-News.com, Brussels
Last updated 8 hours ago | Sunday, February 05, 2012
Following mounting pressure from the US attorney’s office, Switzerland has finally handed over to US investigators comprehensive, encrypted, banking data pertaining to eleven Swiss banks, alleged to have aided wealthy Americans to evade US taxes amounting to billions of euros. [ FULL STORY ]
US Congress Looks At Maritime Tax Issues,
by Mike Godfrey, Tax-News.com, Washington
Last updated 8 hours ago | Sunday, February 05, 2012
The United States House of Representatives Ways and Means Subcommittee on Oversight has held a hearing on harbour maintenance funding and maritime tax issues, with a focus on the Harbour Maintenance Trust Fund and Harbour Maintenance Tax, and the tax treatment of foreign shipping operations. [ FULL STORY ]
Singapore Tops 'Doing Business' Index,
by Mary Swire, Tax-News.com, Hong Kong
Friday, February 03, 2012
The World Bank report, ‘Doing Business 2012’, the ninth in an annual series, ranks 183 economies on their ease of doing business, and reports a general improvement in the global business regulatory environment. [ FULL STORY ]

 

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