SAY Connected

Month: March 2018

US to Shut $11bn Offshore Voluntary Disclosure Programme

Courtesy of International Adviser   The disclosure scheme that allows US taxpayers hiding offshore accounts to come clean and face more lenient penalties will close in September 2018, the Internal Revenue Service (IRS) announced this week. The IRS said it will start ramping down the offshore voluntary disclosure programme (OVDP) and end it on 28… Read More ›

Week 11 2018 In Review

  Stocks fell modestly for the week after a Friday rally broke a four-day losing streak for the Standard & Poor’s 500 Index and partially compensated for earlier losses. Small- and mid-caps outperformed larger shares. Within the S&P 500, utilities and real estate shares fared best, helped by a decline in longer-term Treasury yields, which… Read More ›