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5 HOURS AGO - Reuters

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Barclays says its Swiss private bank drops out of U.S. tax deal

ZURICH (Reuters) - Barclays' private bank in Switzerland has dropped out of a U.S. program aimed at cracking down on wealthy Americans evading taxes through hidden offshore accounts, the British bank's market head for Switzerland said on Thursday.

Tags: Barclays says its Swiss private bank drops out of U.S. tax deal,  Taxes Latest News

5 HOURS AGO - Business Insider

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Barclays Says Its Swiss Private Bank Drops Out Of U.S. Tax Deal

ZURICH (Reuters) - Barclays' private bank in Switzerland has dropped out of a U.S. program aimed at cracking down on wealthy Americans evading taxes through hidden offshore accounts, the British bank's market head for Switzerland said on Thursday."We have recently exited the program," Barclays executive Francesco Grosoli said at an event in Zurich, adding that the bank had done so ...

Tags: Barclays Says Its Swiss Private Bank Drops Out Of U.S. Tax Deal,  Taxes Latest News

13 HOURS AGO - Zero Hedge

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Stimulate This! Thoughts On Intergenerational Fairness

Submitted by Erico Matia Tavares via Sinclair & Co., Since this is the season for giving thanks in the US, we might give some consideration to the unsung heroes who have been underwriting a big chunk of our economic recovery of late. Actually, we literally owe our future to them - in more ways than one. We recently asked a ...

Tags: Stimulate This! Thoughts On Intergenerational Fairness,  Taxes Latest News

17 HOURS AGO - Investopedia

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Why should I keep records on my tax-exempt bond transactions?

Keep your purchase records on all investments, including tax-exempt bonds. Though the interest is tax-free, you may owe taxes if you sell your bond for a gain.

Tags: Why should I keep records on my tax-exempt bond transactions?,  Taxes Latest News

19 HOURS AGO - Washington Business Journal

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PNC's Demchak exercises stock options for $2.5M pretax

William Demchak, chairman, president and CEO of PNC Financial Services Group Inc. realized about $2.5 million before taxes in his largest transaction since taking the helm in April 2013, according to a U.S. Securities and Exchange Commission filing. According to the filing, Demchak exercised options on 110,000 shares of stock at $65.45 per share on Nov. 24 and then conducted ...

Tags: PNC's Demchak exercises stock options for $2.5M pretax,  Taxes Latest News