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  • Hungary's parliament has passed legislation to increase VAT from 25% to 27% in a move that will take its rate above the EU maximum.
  • The UK has decided to end VAT relief on products from the Channel Islands.
  • With the US still debating on the future of the country’s corporate tax rate, Brian Purcell of WTP Advisors Ireland sheds some light on the benefits of Ireland’s low rate and what lessons the US can learn from such a system.
  • Morrie Cheng is Asia head of tax for Sun Life, a Canadian multinational provider of financial services and wealth management products to individuals and corporations. The company operates in jurisdictions such as the US, UK, Bermuda, Indonesia, Philippines and India. Cheng speaks to Ralph Cunningham of International Tax Review about running a regional tax department, how he sees his role as taking care of the tax foundations, such as compliance and financial reporting, what causes tension with tax authorities and what kind of in-house and external adviser he needs.
  • The release follows the ATO’s high-profile row with TPG
  • Neale is striving to eradicate double taxation within the EU Eradicating double taxation within the EU is an essential pre-requisite for strengthening the internal market.
  • Pamela Olson has left Skadden to become a deputy US tax leader at PwC.
  • Laurence Clot has joined Bird & Bird as a partner and will lead the firm's tax practice group in Paris. Clot, and a team of three that she has brought with her, joined Bird & Bird from Landwell & Associes, part of the PwC network.
  • Mark Mendola has been named as PwC's US tax leader, and as a vice chairman of the firm. He succeeds J Richard Stamm, who is named vice chairman, tax, for the PwC network.
  • Kevin Livingstone has joined PwC US as a partner in the firm's Washington National Tax Services Practice.