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Swiss Voters Overwhelmingly Reject Federal Inheritance Tax Initiative

ZURICH—Swiss voters Sunday overwhelmingly rejected an initiative that would have imposed a federal inheritance tax, a charge which could have threatened many small and midsize firms that employ around 80% of the Alpine country's workers. ...

Canadians are racing to disclose their offshore assets as the CRA steps up its war on tax cheats

June 10, 2015 3:40 PM ET The number of voluntary disclosures of offshore income and assets to Canada’s tax authority nearly doubled in the year ended March 31 from the previous 12 months, the first time ...

US, Dominican Republic Negotiate FATCA Agreement

The Dominican Republic and the United States have begun negotiations on an intergovernmental agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA) between the two countries. It is expected that the Dominican Republic wil...