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The $32.6 billion RIA hired Tim Gacsy to lead the new unit and partnered with Baker Tilly to bolster its family office capabilities.
On 8 September 2026, the UK Parliament reported that members of the House of Lords continued their further examination of the Financial Services and Markets Bill in report stage on...
In early August, the UN considered the text of an early protocol on the taxation of cross-border services, with a focus on expanded source-based taxation. A group of IMF coauthors...
Fiji's government has urged tour operators to implement a temporary 5% tourism services tax from September 1, 2026, accusing the Fiji Hotel and Tourism Association (FHTA) and some...
The Senate Finance Committee voted nearly unanimously to approve a wide-ranging bipartisan tax administration bill aimed at improving operations at the IRS.
FAST-DS can impose a substantial cost on taxpayers declaring certain undisclosed foreign assets or income, with the tax and additional amount together reaching 60% of the declared...
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and international financial services regulation. Key Developments in July 20...
The Senate Finance Committee approved the Taxpayer Assistance and Service Act, legislation backed by the AICPA that would modernize IRS operations, expand taxpayer services, and gi...
The post Ecosystem services: some tax clarity appeared first on LLP Site.
Hong Kong should press ahead with its proposed tax break on carried interest, the performance fees earned by hedge fund and private equity managers, after Singapore unveiled a riva...
The Treasury Department is eyeing tax alpha strategies, which largely deploy financial engineering to exploit various rules in the U.S. tax code.
The department worries that some products, including Section 351 conversions and box spread ETFs, could be ripe for abuse. It is actively evaluating tools to address those concerns...
Section 898(c) Transition Rule for Allocating Foreign Taxes and Section 960(d)(4) Foreign Tax Credit Disallowance, REG-115145-25, July 31, 2026 The Department of the Treasury...
Leonard Seabrooke (Copenhagen Bus. Sch.) & Saila Stausholm (Copenhagen Bus. Sch.), How TaxTech Rewires Global Wealth Chains, Fin. & Soc’y (forthcoming 2026): Technological...
Treasury Secretary Scott Bessent said the Treasury Department and the IRS are reviewing a number of Wall Street tax products and strategies that may exploit the federal tax code. W...
The Fijian government has revised the implementation of its new 5% Tourism Services Tax (TST),…
As energy prices have declined, European countries have switched the focus of their windfall profits taxes—a one-time tax levied on a company or industry when economic conditions r...
The post What businesses need to know about the Finance Bill 2026-27 appeared first on LLP Site.
IRS Fact Sheet FS-2026-14 (Aug. 19, 2026); Internal Revenue News Release IR-2026-94 (Aug. 19, 2026) On August 19, 2026, the Internal Revenue Service (IRS) released Fact Sheet...
Financial Services Ireland (FSI) has welcomed the government's commitment to increase employment in financial services to 70,000 by the end of the decade.
The Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS), 2026, is a one-time disclosure mechanism for eligible taxpayers who have either failed to report certain foreign...
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