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Louis Tuchman has joined Herrick, Feinstein in New York as co-chairman, along with Daniel Swick, of the firm's tax and personal planning group.

Eylem Philippou

Carbon pricing is increasingly becoming part of the BRICS’ strategy to tackle climate change. Emma Powell examines how these countries are implementing it and what effect it will have on businesses.

Stuart Adam and David Phillips of the UK Institute for Fiscal Studies argue that the EU’s VAT reform plans could go much further in looking to abolish exemptions and reduced rates.

Kalpesh Desai has been promoted to partner at BMR Advisors in Mumbai.

Jens Wittendorf, of Deloitte Denmark, examines a recent dispute in the National Tax Tribunal (NTT) which highlights how unilateral anti-hybrid legislation can have the unintended consequence of eroding the domestic tax base.

Rajendra Nayak

Daniel McGrath has joined Hilco Real Estate Appraisals as managing director of its new fixed asset tax optimisation services practice within the firm's property tax division. He will lead a team in building a fixed asset services practice, principally focused on helping real estate owners throughout the US understand and devise strategies to improve their federal tax position.

Crowe Clark Whitehill in London has hired John Cassidy as a tax investigations partner.

Aggelos Benos The Eurozone is going through a turbulent period and despite certain attempts to avoid a financial meltdown, the European leaders have not yet come up with a structured plan which will safeguard stability. As a result of this long lasting uncertainty, fears over a potential exit of a member country have surfaced. Multinational enterprises doing business in a country that could potentially exit the euro will need to significantly alter their transfer pricing model and generally the way they trade with their local subsidiaries to ensure that their business remains viable. But, what would an exit of a member state from the euro mean for intra-group transactions? Who would bear the costs triggered by a devalued currency?