Contact Paul +

Time limit is exhausted. Please reload CAPTCHA.

Canada

Streamlined offshore account compliance guidance for Canadian retirement plan participants

Streamlined offshore account compliance guidance for Canadian retirement plan participants

IRS has added new FAQs to its website on the IRS streamlined offshore account compliance program, that include guidance to participants in Canadian retirement plans.  Click here for the Streamlined Filing Compliance Procedures for U.S. Taxpayers Residing in the United States Frequently Asked Questions and Answers (Updated Jan. 7, 2016) (“Domestic Q&As”).  Click here for […]

Read the full article →

Canada’s Trudeau vows to make rich pay for middle class tax cut

Canada’s Trudeau vows to make rich pay for middle class tax cut

GATINEAU, Quebec (Reuters) – Canadian Liberal leader Justin Trudeau pledged on Monday to cut taxes for most middle-class families and raise taxes on the rich as he sought to regain his polling lead over the governing Conservatives ahead of October’s election. Trudeau, son of former Prime Minister Pierre Trudeau, helped lift the Liberals into first […]

Read the full article →

Civeo, provider of oilfield ‘man camps,’ plans move to Canada

Civeo, provider of oilfield ‘man camps,’ plans move to Canada

(Reuters) – Civeo Corp, the provider of oilfield accommodation services recently spun off by Oil States International Inc, surprised Wall Street on Monday by saying it would not convert to a real estate investment trust (REIT) and would instead relocate to Canada for tax purposes. Civeo, currently based in Houston, said its board believes converting […]

Read the full article →

Burger King main shareholder the big tax winner in Tim Hortons deal

Burger King main shareholder the big tax winner in Tim Hortons deal

TORONTO (Reuters) – Burger King’s proposed $11.5 billion acquisition of Canada’s Tim Hortons may offer big tax benefits to the U.S. fast food chain but the real tax winner is likely to be its controlling shareholder, 3G Capital. The New York investment firm is not only deferring a capital gains tax hit in the U.S. […]

Read the full article →

Burger King has maneuvered to cut U.S. tax bill for years

Burger King has maneuvered to cut U.S. tax bill for years

LONDON (Reuters) – Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain’s aggressive tax-reduction strategies in recent years. Some U.S. lawmakers and other critics attacked the company that is the […]

Read the full article →

Burger King to Buy Canada’s Tim Horton’s for $11.5 Billion

Burger King to Buy Canada’s Tim Horton’s for $11.5 Billion

TORONTO (Reuters) – Burger King Worldwide Inc plans to buy Canadian coffee and doughnut chain Tim Hortons Inc in a C$12.64 billion ($11.53 billion) cash-and-stock deal that would create the world’s third-largest fast-food restaurant group. With roughly $23 billion in combined annual sales and more than 18,000 restaurants in 100 countries, the new entity would […]

Read the full article →

Canada to give bank account information to IRS under tax-sharing deal

Canada to give bank account information to IRS under tax-sharing deal

OTTAWA (Reuters) – Canada and the United States have signed a tax-information sharing agreement, officials from the two countries said on Wednesday, months ahead of implementation of a new U.S. law to crack down on offshore tax avoidance. The so-called intergovernmental agreement (IGA), one of 22 Washington has signed so far with individual countries, aims […]

Read the full article →

Canada to give bank account information to IRS under tax-sharing deal

Canada to give bank account information to IRS under tax-sharing deal

OTTAWA (Reuters) – Canada and the United States have signed a tax-information sharing agreement, officials from the two countries said on Wednesday, months ahead of implementation of a new U.S. law to crack down on offshore tax avoidance. The so-called intergovernmental agreement (IGA), one of 22 Washington has signed so far with individual countries, aims […]

Read the full article →

UK Bribery Digest – Edition 2

UK Bribery Digest – Edition 2

Editor’s Note: I previously blogged on Ernst and Young Bribery Digest, finding some interesting cases. Here is Edition 2 of the UK Bribery Digest, along with some snippets. Deferred Prosecution Agreements (DPAs) The introduction of DPAs in the UK took a further step in October 2012 with the publication by the Ministry of Justice of […]

Read the full article →
Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

Read More

Connect With Paul on Social Media

Practice Areas & Information

Certifications &
Associations
Member CA Bar Member Orange County Bar US Tax Court Attorney