Welcome to eTaxBooks
ASSET PROTECTION
Asset Protection For High Net Worth Clients Needed
by Denis Kleinfeld
Every day we see new faces coming into our offices from all parts of the globe. What drives then to venture far from their local or national comfort zone? Mostly, it seems the desire to make a lot more money. Enhancing net worth and increasing cash flow are the basics of business life. As the movie …
COMPLIANCE
How The IRS Obtains Assistance From Other Countries
by Marshall J. Langer
The U.S. Internal Revenue Service (IRS) has a number of different ways in which it obtains tax information and other assistance fromits counterparts in other countries. Almost everyU.S. income tax treaty provides for the exchange of information by both governments; so does every U.S. estate and gift…
INSURANCE
Foreign Variable Insurance Contracts
by Denis Kleinfeld
There is little question that any form of international wealth management planning is more complex and difficult than ever before. Tax bureaucrats and their parliamentary or congressional masters seem hell bent on using industrial-age tax rules in an era of globalisation. Remarkably, a planning tool…
Use Of Life Insurance In The United States
by Denis Kleinfeld
Life insurance is simply a tool for solving financial problems. Among available financial products, it is unique. Life insurance essentially allows investment of income to be compounded on a tax-advantaged basis. For a very small amount of premium, insurance guarantees that a large amount of cash wi…
MISCELLANEOUS
Tax Information Online: A Guide To Useful Websites
by Marshall J. Langer
The American Bar Association runs a Tech Show in Chicago each spring which is regularly attended by thousands of people, mostly lawyers, from all over the world. One of the highlights of each year’s program is an hour-long presentation by a panel of tech-savvy lawyers of 60 Sites in 60 Minutes…
OFFSHORE FINANCIAL CENTERS
Offshore For Over 50 Years
by Marshall J. Langer
NOTE: Marshall Langer presented an earlier version of this paper at a meeting of the Asia Offshore Association in Ho Chi Minh City (Saigon), Vietnam in November 2007. This updated version was used for a recent online lecture to his international ta…
TAX TREATIES & AGREEMENTS
Switzerland Assists The IRS In Egregious Cases
by Marshall J. Langer
A 2003 mutual agreement interpreting the information exchange provision of the current Swiss-U.S. income tax treaty has opened the door for the IRS to obtain from Switzerland any information it wants concerning anyone in the world if the IRS can demonstrate that it is investigating something that ma…
TAXATION
State And Local Taxes Do Matter
by Marshall J. Langer
When comparing tax rates in different countries, mainstream media seems to ignore the fact that some countries with federal systems, such as the US, Canada and Switzerland, impose multiple levels of income tax while other countries such as the UK and Ireland do not. I have seen published reports say…
WEALTH MANAGEMENT
Subprime Raises Questions About Investment Managers
by Denis Kleinfeld
The subprime mortgage meltdown exposes one of the great flaws of the globalised investment marketplace. That is, millions of savers and investors gave over their money to people they did not know, to buy investments that they did not understand, at risk levels that would normally be unacceptable.&nb…
Document Library
Document Search
eTax Newsletter