The Government of Greece has opened hundreds of tax evasion cases against citizens suspected of hiding assets outside of country borders, already assessing some EU 810 million in fines from suspected scofflaws, according to Special Financial Prosecutor Panagiotis Athanasiou. The government, which began examining suspected income tax evaders in early 2015, recently ratcheted up efforts […]
It all started with 9/11. After the twin towers fell in 2001, the US government sprang into action to wage the global war on terrorism. Within days following the attack, Congress pushed through the USA PATRIOT Act, providing unprecedented authority to the US federal government. The legislation also gave several government agencies sweeping powers over […]
Hemingway, as an expat, implied high adventure in a foreign land The first definition of “expatriate” appeared in a French dictionary in the late 1700s and denotes a person who has been banished from his or her native land. This elucidation came just in time for Napoleon’s exile to the island of Elba in 1814; […]
Most Americans know they need to save more for retirement. But most Americans aren’t doing it. Just how bad off are some of them? A study by the U.S. Government Accountability Office found that about half of households 55 and older had no retirement savings at all. Clearly, many Americans could be headed for retirement […]
Will strengthen Sun Life Financials’ position in the Hong Kong pension market TORONTO, Aug. 5, 2016 /PRNewswire/ – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that Sun Life Hong Kong Limited (“Sun Life HK”) will acquire the pension business of FWD Life Insurance Company (Bermuda) Limited (“FWD”), consisting of Mandatory Provident Fund […]
