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  • Tax Partner - Taxand has hired a new partner from the Swiss practice of a big-four firm
  • Wolf Theiss will add one new tax partner and two lawyers to its ranks when it takes over Beiten Burkhardt’s Warsaw office on January 1 next year. Three other partners and 37 lawyers also work in the office, which will be renamed Wolf Theiss Warsaw and will be the firm's largest outside Vienna.
  • The multilateral group that fights tax evasion has a new member.
  • The Serbian parliament on Tuesday passed amendments to the VAT law which increase the rate by two percentage points, from 18% to 20%.
  • Getting a national US carbon tax off the ground is an uphill struggle given fierce opposition from a Republican-dominated House of Representatives but a new study by the Congressional Research Service (CRS) has offered a compelling economic reason.
  • A global trend being driven by taxpayers, revenue authorities and the courts is seeing increasing numbers of transfer pricing disputes being settled earlier and avoiding court hearings, a panel at International Tax Review’s Global Transfer Pricing Forum identified.
  • India’s Income Tax Appellate Tribunal (ITAT) has delivered a ruling rejecting the tax authority’s attempt to impose a commission-based remuneration model onto GAP International Sourcing, for procurement support services undertaken on behalf of its overseas group companies.
  • Business taxpayers in the US were not always told by the IRS when they were in breach of a new federal regulation enabling them to pay their taxes online or by telephone, a report from the Treasury Inspector General for Tax Administration (TIGTA) has found.
  • The prospect of a reduction in tax litigation and a smaller compliance burden may become more realistic for taxpayers in India if the government goes ahead with the recommendation of a committee of officials and accounting professionals in the setting of its own accounting standards for the filing of tax returns from 2012-2013.
  • Four tax authorities spoke of the benefits of country-by-country reporting (CBCR) and greater transparency at International Tax Review’s Global Transfer Pricing Forum in Paris this week, but they said it would not be sufficient to prevent transfer pricing abuse on its own.