Month: March 2014

International Tax Loopholes – The Playing Field Is Not Level

 A recent Bloomberg article reported that the offshore cash hoard of U.S. multinational companies had risen by $206 billion last year as the companies continued to avoid U.S. taxation (see article here http://www.bloomberg.com/news/2014-03-12/cash-abroad-rises-206-billion-as-apple-to-ibm-avoid-tax.html).  Personally, I find it amazing that the popular press and its American readership see prudent corporate tax […]

Abandoning a Losing Investment

Please note: The law has changed since this post has been published. Please click here for more information on the updated law. While nobody invests in a fund with the intention of losing his or her investment, inevitably, it sometimes happens.  Fund investments, like any other investment, can decline substantially […]