This content is from: Direct Tax EC waters-down savings Directive After years of squabbling, the EU has managed to agree on new rules on the taxation of the savings of EU residents invested abroad January 30 2003
This content is from: United States Regulation on expensing options increasingly likely, argue lawyers Following renewed opposition to stock options by two US senators, many lawyers believe a law forcing companies to record such options as an expense is increasingly likely January 26 2003
This content is from: United States Pepper Hamilton expands tax group US firm Pepper Hamilton has boosted its tax group with a former principal from KPMG January 19 2003
This content is from: United States Big four brace for tax and audit rules The end is in sight for professional services firms waiting for the US Securities & Exchange Commission’s (SEC) final guidance on auditor independence January 19 2003
This content is from: United States KPMG hires IRS official KPMG has hired the former director of the US Internal Revenue Service’s advanced pricing agreement programme January 19 2003
This content is from: United States SEC adopts rules to clarify financial reporting The SEC has issued new accounting requirements, as part of the Sarbanes-Oxley Act, to prevent misleading financial reporting January 19 2003
This content is from: Spain EC takes Spain to the ECJ The European Commission has referred Spain to the European Court of Justice (ECJ) over its discriminatory capital gains tax regime January 19 2003
This content is from: Direct Tax Magic circle firms in supermarket sweep As the battle for UK supermarket chain Safeway hots up, the UK’s magic circle firms are the winners so far with three of the five firms involved January 19 2003
This content is from: China EY expands in China Ernst & Young has boosted its China tax practice with the addition of five partners in the last month alone and intends to triple its tax group in the next three years January 19 2003
This content is from: Direct Tax General Motors transfer pricing specialist joins EY Julian Robertson-Kellie has joined Ernst & Young in London as a director in the international transfer pricing and tax-effective supply chain management group January 12 2003
This content is from: United States New Bill extends internet tax ban A joint Bill proposed by a Republican and a Democrat Congressman sets out to extend the ban on new and discriminatory taxes on the internet indefinitely January 12 2003
This content is from: Direct Tax Cable & Wireless sets aside tax reserve Telecoms company Cable & Wireless has announced that has been forced to plough £1.5 billion of its diminishing £2.2 billion cash reserves into an escrow account January 12 2003
This content is from: Direct Tax European accounting body elects new president The Fédération des Experts Comptables Européens (FEE) has appointed David Devlin as its new president January 12 2003
This content is from: France Jones Day grabs tax partner Jones Day Reavis & Pogue in Paris has hired a tax and real estate partner from big four firm HSD Ernst & Young January 12 2003
This content is from: United States Bush tax reform faces uphill struggle Despite its public aim to boost investment and strengthen the US economy, companies may not be able to benefit from President George W Bush’s tax reform proposals announced last week January 12 2003
This content is from: Singapore Singapore ratifies Finland tax treaty A double tax treaty between Finland and Singapore was ratified at the end of December last year January 11 2003
This content is from: United Kingdom Still hope for companies after Marks & Spencer case A special commissioners’ decision against UK retailer Marks & Spencer may have delayed companies fighting for equal treatment for losses incurred throughout the EU but the battle is not over yet. January 09 2003
