Search results for

Jackie Hess

Gavin Bate has joined Alma Consulting Group in the UK as an independent technical expert on R&D.

Doris Ho Alison Maxwell Makiko Takewaki Doris Ho, Alison Maxwell and Makiko Takewaki have become partners of DLA Piper's tax practice. Ho, in Hong Kong, advises multinational clients on the tax aspects of corporate acquisitions and restructurings.

Unhappy at its near-namesake’s monopoly as the home of horror stories, Battisti’s plight shows Pennsylvania is playing catch-up While Transylvania is the legendary home of Count Dracula, it is the US state of Pennsylvania that has thrown up a new horror story. A Pennsylvania judge has ruled against a woman who lost her home because of an outstanding $6.30 interest charge for the late payment of school taxes.

Erion Lena A new tax legislation impacting companies operating in the hydrocarbons sector came into effect at the beginning of January 2014. Previously, Law no.7746 on Hydrocarbons, dated July 28 1993 defined VAT-exempt supplies in the hydrocarbon operations to include services supplied by contractors and subcontractors, certified as such by the National Agency of Natural Resources, relating to performance in the stages of both exploration and development of petroleum operations.

Claudio Grisanti has become a partner of Norton Rose Fulbright in Rome. He advises clients on the taxation of financial products; international taxation and planning; tax litigation; and tax aspects of M&A.

Mention the word ‘inversion’ or ‘inverted’ and the first things likely to come to mind for most people are inverted commas – the most supercilious of the English language’s punctuation marks, looking down on regular commas from their lofty perch with scorn. Possibly La Pyramide Inversée at Le Louvre, too. But mention those words today and a tax efficient restructuring mechanism may also feature. Matthew Gilleard explores the inverted reality of this transactional trend.

Christian Chéruy has been appointed chairman of Loyens & Loeff's executive board. He advises clients on corporation tax and international tax and was previously head of the firm's tax practice in Brussels and was also country managing partner of the Brussels office.

AlixPartners, the global business advisory firm, has added Stephen Felgran and Steven Harris to its Financial Advisory Services group.

Donka Pechilkova The Bulgarian Ministry of Finance added an important new Appendix (Reference No.1 to Appendix 4) to the annual tax return that legal entities are obliged to submit for the calendar year of 2013. The appendix concerns transactions between related parties (both local and foreign ones) and transactions that were carried out with companies registered in offshore zones. In the application, all companies are obliged to disclose the amounts of such transactions that were settled during the year, as well as the type of the transactions (sales or purchases of goods, services and so on; loans; intercompany remunerations and other types of incomes or expenses). Due to the fact that the above-mentioned changes also concern transactions with physical persons, on March 10 2014 the National Revenue Agency published instructions for the filling out of Reference No.1 to Appendix 4 of the annual tax return declaration according to the text and meaning of Article 92 of the Corporate Income Tax Act and Reference No.7 to Appendix 4 of the annual tax return, related to Article 50 of the Income Taxes on Natural Persons Act. The aforementioned guidelines also attempt to clarify the ambiguity of the phrase "persons that have carried out transactions" included in Reference No. 1, which in some cases is replaced with "settled transactions", creating an obvious inconsistency in the method of reporting of loans and other transactions.