What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third

The current international tax system was established on principles dating back to the first half of the 19th century, when the internet did not exist and the economy mostly consisted of brick-and-mortar stores.

In an article published in Insights last year,1 selected developments in regulatory and tax-related law and practice that affect end-clients, advisors and intermediaries were surveyed in the British Virgin Islands ("B.V.I.").

On January 1, 2021, Congress passed the Corporate Transparency Act (C.T.A.) as part of the National Defense Authorization Act.

In the United States, creating "dynasty trusts" has become common planning tool for many estate planners. A dynasty trust is a trust that may continue for generations under applicable law.

Prior to 2018, widely-used tax plans of U.S.-based multinational groups were designed to achieve three basic goals in connection with European operations...

Prior to 2018, widely-used tax plans of U.S.-based multinational groups were designed to achieve three basic goals in connection with European operations:

By certain measures, December 21 and December 23 were comparable days for the arm's length standard.

When a U.S. company acquires foreign targets, the use of a holding company structure abroad may provide certain global tax benefits.

Transactions known as corporate "inversions" or "expatriations" have made headlines for years.

Major corporate transactions typically reflect at least two separate elements. One is the business arrangement agreed to by the parties.

Although the U.S. is the world's largest economy, it is the only world economy that does not have a value-added tax ("V.A.T.").

In the current context of tax transparency, fair and effective taxation, and global tax good governance, the European Commission recently pushed existing disclosure obligations one step further.

On April 2, 2018, the I.R.S. published Notice 2018-29 (the "Notice"), describing Treasury Regulations it intends to issue with regard to the new withholding requirement on transfers of partnership interests ...

Blockchain has recently been in the spotlight, mostly due to the 2017 surge in cryptocurrency values and the rise of initial coin offerings ("I.C.O.'s").

Arrangements to shift formal voting power away from U.S. shareholders are not giv¬en effect if voting power is retained in reality.

April 15 is almost here, and while most people know this date as the filing deadline for individual tax returns, it also important to another filing requirement:

The U.S. applies a worldwide tax system imposed on residents and citizens alike.

One of the principal revisions to U.S. tax law made by the TCJA involves the way U.S. tax law avoids double taxation when a foreign subsidiary distributes a dividend to a U.S. corporation...

Equity-based compensation has long been a popular way to attract talent and align the interests of corporations and service providers.