This content is from: United States SEC fines Dutch Ernst & Young for violating auditor independence The SEC has ordered Ernst & Young in The Netherlands to pay a $400,000 penalty for violating auditor independence rules June 29 2002
This content is from: Direct Tax Thirty leave Andersen for Ernst & Young structured finance push Ernst & Young has acquired Andersen’s US real estate and structured finance group as the firm aims to develop its cross-border practice June 29 2002
This content is from: South Africa Werksmans poaches Grant Thornton chairman for tax boost Werksmans, the South African law firm, is strengthening its tax group with two lateral hires, including the former national chairman of Grant Thornton June 29 2002
This content is from: Japan Japan passes law on consolidated tax The Japanese parliament has approved a bill amending the country’s corporate tax law to allow companies to offset group profits and losses June 28 2002
This content is from: United Kingdom Isle of Man pushes for zero tax rate Investment in the Isle of Man is expected to increase following the local government announced plans to introduce a standard zero rate of income tax for business June 28 2002
This content is from: United States US Senate supports anti-tax avoidance bill The US Senate Finance Committee has approved legislation to prevent corporations avoiding domestic business levies by setting up headquarters in lower-tax countries June 22 2002
This content is from: Netherlands Freshfields’ Dutch tax chief quits for boutique The head of Freshfields Bruckhaus Deringer’s Dutch tax practice has resigned from the firm to join Spigthoff, a local corporate litigation and M&A boutique June 22 2002
This content is from: Direct Tax Ernst & Young to launch 140-strong structured finance group Ernst & Young is setting up a structured finance group in an attempt to offer a one-stop-service for tax advice on structured deals June 22 2002
This content is from: United States Andersen admits defeat Andersen has admitted that the guilty jury verdict it received in its criminal trial has effectively ended the firm’s audit practice June 21 2002
This content is from: Direct Tax UK fiscal specialists urge end to stamp duty on share deals New findings by the Institute of Fiscal Studies (IFS) put pressure on the UK government to abolish stamp duty on share transactions June 21 2002
This content is from: United States US proposals threaten European companies Proposals in the US Congress could force foreign-owned companies to pay higher taxes, a move that comes in retaliation to the EU-US dispute over tax breaks for exporters June 21 2002
This content is from: Australia Supreme Court judge joins Australian Tax Office The Australian Tax Office has appointed a Melbourne tax lawyer and Victorian Supreme Court judge as special counsel June 21 2002
This content is from: Italy Haarmann Hemmelrath launches 16-lawyer Rome office Haarmann Hemmelrath has expanded its Italian operations, opening an office in Rome June 15 2002
This content is from: Direct Tax OECD doubts benefits of Tobin tax The OECD has published a report showing it is skeptical about the potential benefits of a Tobin tax June 15 2002
This content is from: Japan Japanese Commission warns against lower business levies Japan’s Tax Commission has warned the government against cutting taxes to boost the country’s ailing economy June 15 2002
This content is from: Belgium EU helps businesses reduce extra-VAT risks A new online service will ensure businesses trading in Europe avoid unnecessarily paying value added tax (VAT) on intra-EU sales June 14 2002
This content is from: Direct Tax McDermott grows US tax practice with Andersen partner McDermott Will & Emery is strengthening its US tax practice after luring a partner from Arthur Andersen June 14 2002
This content is from: France Bird & Bird lures Andersen trio for Paris tax team Bird & Bird has poached Anne Quenedey from Andersen Legal to head up a new tax team in Paris June 14 2002
This content is from: United States WTO postpones billion-dollar ruling on EU-US dispute The World Trade Organization has delayed its ruling on how much the EU will be entitled to from the US as a result of their long-running tax dispute June 14 2002
This content is from: United States CSFB hires accounting and tax analyst Credit Suisse First Boston has hired an accounting and tax policy analyst from Bear Stearns June 14 2002
This content is from: Italy Clifford Chance faces uncertain future with Italian tax ally The future of Clifford Chance’s exclusive arrangement with Italian tax boutique Studio Vitali Romagnoli Piccardi e Associati is uncertain after 31 lawyers announced they were quitting the international firm last month June 08 2002
This content is from: Singapore PwC sweeps the board in Asia tax survey PricewaterhouseCoopers is the leading firm in Asia for both tax transactional and tax planning work in every jurisdiction covered by International Tax Review’s latest survey June 08 2002
This content is from: Direct Tax MoFo loses senior tax trio to Wilmer Cutler Wilmer, Cutler & Pickering has hired three senior tax practitioners from Morrison & Foerster to strengthen its Washington DC practice June 08 2002
This content is from: Direct Tax Andersen New York chief leads exodus to Torys Gary Gartner, head of Andersen’s international tax practice in New York, has quit the firm to lead a team to Torys June 08 2002
This content is from: United States US Treasury threatens foreign companies with reforms The US treasury wants to change tax laws for foreign companies to make domestic corporations more competitive with their offshore rivals and prevent US companies relocating to tax havens. By default\Anonymous June 08 2002
This content is from: Canada Canada and Italy sign new double-tax treaty The governments of Italy and Canada have signed a new double tax treaty that will set withholding tax rates on dividend payments between the two countries to 5% June 07 2002
This content is from: Direct Tax Guernsey backs down to EU pressure Guernsey has followed Jersey in bowing to EU pressure to start exchanging financial information June 07 2002
