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  • Patrice Couturier, who has more than 20 years of experience as a tax adviser, has launched Bichot & Associes with three other partners in Paris. He has worked at Deloitte in London and Ernst & Young in Paris and London and been a partner at Slaughter and May and Allen & Overy. The firm will also advise on domestic and international M&A.
  • Having joined Bingham in 2009, Bradford Whitehurst now works in the Tax and Employee Benefits Group in the Washington, D.C. office, specialising in tax planning. He has advised various bodies including real estate investment trusts, partnerships, private equity and venture capital funds. Before joining the company, Whitehurst was an associate at McKee Nelson.
  • The European Court of Justice (ECJ) ruled in favour of the taxpayer in two cases that looked at whether leasing transactions were set up to avoid VAT. However, in one case, there are still some questions for the UK courts to decide concerning abusive practice.
  • Tax authorities in Algeria have assessed $230 million in back taxes against a local subsidiary of Orascom Telecom Holding (OTH), an Egyptian telecommunications company.
  • Changes to New Zealand's thin capitalisation rules will come into effect on April 1 2011 as part of the Taxation (GST and Remedial Matters) Act. The act will limit foreign multinationals' scope to reduce their New Zealand tax liability.
  • The failure of the National Commission on Fiscal Responsibility and Reform to secure a supermajority vote on its debt reduction plan on December 3 illustrates the difficulty of the work ahead for those who want to tackle tax reform.
  • Taxpayers should be worried. Two years ago, the G20 of the world's biggest economies met in London to discuss a global recovery plan. Tax information exchange was seen as necessary to improve global tax collections and reduce the risk of future crises.
  • The OECD has released a scoping document on the transfer pricing aspects of intangibles in response to its consultation on the topic last year.
  • The transfer pricing and valuation consultants have added advisers to its practices on the east and west coasts.
  • The OECD has revealed that Masatsugu Asakawa is to be appointed the new chairman of its Committee on Fiscal Affairs (CFA).