The Big Debate – Public Unions: Good or Bad for America?

Dear Friends, Colleagues, and Clients, If you had the good fortune of attending this year’s FreedomFest 2011 Conference at Bally’s Las Vegas July 14-16, you were treated to an excellent program, with many of today’s newsmakers, politicians, presidential candidates, and business leaders all making appearances and giving speeches. Personally, aside from delivering a Keynote Speech: “Taxation in an Obama Nation,” or speaking at my workshop: “Estate Planning for Women Only – No Men Allowed,” the highlight of the week was my serving as the presiding judge at […]

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The HIRE Act and the Law of Unintended Consequences

Dear Friends, Colleagues, and Clients, You decide to purchase a second home outside the U.S., a place to bring your friends and family for special occasions and holidays. Many countries preclude foreigners from holding title to the real estate directly, so your local realtor advises you to take title in a trust. If this is, or could be, your situation, please read on. In March of 2010, Obama signed into law the Hiring Incentives to Restore Employment Act (“HIRE Act”), which I wrote about […]

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Switzerland Takes Significant Step to Crack Down on Tax Evasion

Dear Friends, Colleagues, and Clients, Switzerland has never viewed tax evasion as an act that would breach its inviolate banking secrecy laws. Oh, have times changed. On Wednesday, July 6, 2011, the Swiss government officially adopted the Organization for Economic Cooperation and Development’s (“OECD”) standards regarding banking secrecy. Subject to certain conditions, Switzerland must now turn over information to foreign authorities investigating claims of tax evasion allegedly accomplished through the use of Swiss accounts. In the past, Switzerland was often regarded as a tax haven for wealthy […]

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