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  • OTS gives its leaders permanent roles
    The UK Treasury has appointed a permanent chair and tax director to the Office of Tax Simplification (OTS). Michael Jack and John Whiting take on the respective roles and will oversee the OTS’ operations at least until the end of this parliament.
    September 29 2011
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    Ten things you need to know about the EU financial transactions tax
    The financial transactions tax (FTT), also known as the Tobin tax and the Robin Hood Tax, has been the stuff of legend for decades, discussed eagerly by academics and socialist economists, without ever gaining much traction in the mainstream. The financial maelstrom changed all that and, as José Manuel Barroso, president of the European Commission, comes forward with a proposal for an EU-wide FTT, everyone will be talking about it.
    Salman Shaheen, September 28 2011
  • Yukos decision should not materially affect the tax landscape
    A judgement from the European Court of Human Rights is critical of Russia’s treatment of oil company Yukos, but states that it was not politically motivated and that no misuse of Russian court proceedings has occurred. The implications are not expected to be far-reaching.
    Matthew Gilleard, September 28 2011
  • Vodafone SC hearing: Week nine
    Week nine of the Supreme Court hearing saw the Solicitor General complete his arguments by forcefully reiterating that the Cayman Islands structure was an “artificial tax avoidance scheme”.
    Jack Grocott, September 28 2011
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    The verdict on the EC's financial transactions tax proposal
    The President of the European Commission, José Manuel Barroso, has proposed a financial transactions tax (FTT) in his annual state of the union address to the European parliament. However, unanimous approval within the EU looks unlikely.
    Matthew Gilleard, September 28 2011
  • King & Spalding adds to New York tax group
    A tax partner of Clifford Chance in New York has left to join King & Spalding.
    September 28 2011
  • Macquarie’s victory over ATO at Federal Court sets precedent
    The Federal Court has sided with Macquarie Bank against the Australian Taxation Office (ATO) in a tax dispute over the sale of a stake in Minara Resources which will impact on other companies that are part of consolidated groups.
    Salman Shaheen, September 28 2011
  • India's Solicitor General concludes arguments in Vodafone case
    India’s Solicitor General today completed his arguments in the Vodafone Supreme Court case by forcefully re-iterating that the Cayman Island structure was an “artificial tax avoidance scheme”.
    Jack Grocott, September 28 2011
  • Kumar joins Archer & Angel
    Gagan Kumar has joined Indian law firm Archer & Angel as a partner.
    September 28 2011
  • The new Russia-Swiss treaty explained
    Russia and Switzerland this week signed a new double tax treaty which will give the Russian tax authorities with the power to obtain information from their Swiss counterparts on Russian citizens suspected of tax dodging.
    September 28 2011
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