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  • The IRS has named Samuel Maruca, of Washington law firm, Covington & Burling, as its first transfer pricing director.
  • DLA Piper, the world's largest law firm by attorney headcount, has recruited former global tax planning committee chairman Gerald Rokoff from White & Case.
  • Carsten Bödecker, Carsten Ernst and their team of tax specialists and lawyers launched their independent firm on July 1 2011.
  • The charge is Norway’s largest
  • Law firm McGrigors has hired two new directors in London.
  • Source: www.oecd.org The OECD has released a multi-country analysis of existing transfer pricing simplification measures.
  • Andrey Shpak Sergey Kalinin The Russian Parliament has just adopted amended rules on profits tax deductibility of R&D expenditures.
  • Álvaro de la Cueva On March 17 2011, the Spanish Supreme Court handed down an interesting judgment on the application of the thin capitalisation rule in situations of indirect indebtedness with a shareholder resident in a country with which Spain has signed a tax treaty for the avoidance of international double taxation. The indirect indebtedness issue has been highly debated in Spain.
  • Sean Foley Landon McGrew The Internal Revenue Service (IRS) recently announced the selection of Samuel Maruca as the transfer pricing director in the IRS' Large Business and International division (LB&I). The transfer pricing director position is a newly-created executive-level position that will lead the LB&I division's transfer pricing practice. The transfer pricing practice was created in the fall of 2010 as part of the realignment and renaming of the IRS Large and Midsize Business division as the LB&I division.
  • Peter Dachs The Draft Taxation Laws Amendment Bill, 2011 has been released. It contains far reaching amendments to South Africa's tax rules relating to cross-border transactions.