ROSEAU, Dominica, Dec. 31, 2017 /PRNewswire/ — In late 2018, Digibank joins the ranks of Class-A licensed offshore banks of the Commonwealth of Dominica. Poised to ride the trend of globalized wealth, Digibank aims to incorporate technology to traditional offshore bank services to achieve 3 crucial comparative advantages, namely full digitalization, faster processing speed and lower transaction cost. […]

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HARRISBURG, Pa., Jan. 2, 2018 /PRNewswire-USNewswire/ — Secretary of Banking and Securities Robin L. Wiessmannhas issued a list of current and emerging threats facing investors in 2018, along with a reminder that in the age of technological innovation, it is more important than ever for consumers to take the time to investigate before they invest their money. The top […]

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That means the top marginal rate of 39.6% applies to overseas passive income because the general tax rate deductions and the new participation exemption rules reductions do not extend to Passive income and gains. (See pages 4501 and 1297) Both changes to participation exemption and carried interest give reason for a Clean Nominee Bank Account […]

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SHANGHAI, Jan. 5, 2018 /PRNewswire/ — In a significant move to further support the growth of global trade, China International Import Expo (CIIE) will launch its first exhibition at National Exhibition and Convention Center (Shanghai) from 5 to 10, November 2018. With an exhibition area covering over 59 acres (240,000 square meters), CIIE signals the Chinese government’s latest […]

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ARLINGTON, Va., Jan. 5, 2018 /PRNewswire-USNewswire/ — Bloomberg Tax today issued Industry-Specific Impact of Tax Reform, a special report that helps tax professionals understand how the recently enacted changes to the tax code may offer opportunities, increase compliance challenges and add complexity for businesses. Major industries highlighted include banking, health insurance, hospitality, manufacturing, financial planning, private equity, real estate, retail […]

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