Apart from a short term slowing of the current housing market crisis and credit crunch, the bill will only delay the inevitable downward spiral. Unfortunately the American and global economy is...
The Department of Justice is asking the Court to allow the IRS to issue a summons to UBS AG demanding the names of wealthy U.S. clients who used the Swiss bank to keep 'undeclared accounts' in...
Swiss banking giant UBS AG is said to have agreed to disclose to U.S. federal prosecutors some of the names out of its 20,000 American clients - Those who may have broken U.S. tax regulations by...
UBS AG's private bank just got caught in the crossfire between U.S. prosecutors and U.S. nationals with funds tucked away in the Principality of Liechtenstein.
Walmart lost a case in North Carolina where it sought $33.5 million in refunds for taxes paid on account of a tax strategy where it paid itself taxes and then claimed deductions on it.
As oil crashed through the $100 barrier, anxiety from governments, and oppurtunistic speculation from investors has brought clean energy stocks to the foreground...But when a sector is so white...
Congress, looking for sources of revenue, happened upon an extraordinary loophole enjoyed by the extraordinarily rich private equity and hedge fund managers, effectively allowing these managers to...
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