A U.S. dollar account allows you to hold U.S. dollars locally in Canada without having to convert your U.S. currency to Canadian dollars. There are many reasons a Canadian might want to have a U ...

Broadened access to dollar accounts abroad might even help the world digest spates of ever-expanding Treasury issuance. And reasoning defensively, China already has a first-mover advantage on a ...

Foreign currency deposit accounts are not subject to estate tax, the Supreme Court (SC) has ruled. In a decision, the SC First Division upheld the claim for an estate tax refund filed by the estate of ...

THE SUPREME COURT has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act (RA) No. 6426, or the Foreign Currency Deposit Act of the Philippines. In a decision ...