US to target taxpayers’ foreign assetsThe US is planning is new law aimed at American taxpayers who hold unreported foreign financial assets, according to a report. Expatriates in the US who have accounts with financial institutions in the GCC will face a broad-based More… |
Credit Suisse to reveal names of US clientsCredit Suisse AG, Switzerland's second-largest bank, has begun notifying certain US clients suspected of offshore tax evasion that it intends to turn over their names to the US Internal Revenue Service. Credit Suisse's notification by lett More… |
Small plane is crashed into US tax officesAn apparently disgruntled man crashed a small plane into a federal building housing US tax offices in Austin, Texas on Thursday in what local officials said was likely a deliberate attack. Two people were taken to the hospital after More… |
Insure Direct eyes plans for new insurancesInsure Direct, a Dubai-based leading supplier of insurance broking services, is set to forge into key new sectors including marine, energy, construction and related liability insurances following a start to its new European alliance. The c More… |