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  • Holly McClellan, a partner of Baker & McKenzie in Chicago, will join the corporate tax group at General Electric as transfer pricing leader, tax counsel, for treasury and capital markets on August 16.
  • the tax return made in the capacity as trustees of what has been referred to as the Settlement; Liability for capital gains tax ; chargeable gains accruing to the taxpayer in a year of assessment; place of effective management; Taxation of Chargeable Gains Act 1992;
  • An Indian court has offered some guidance on the creation or enhancement of marketing intangibles for overseas enterprises and how to adjust this from a transfer pricing perspective.
  • The German government sent proposals for new taxes to Parliament on July 8 including a charge on the operators of nuclear energy plants that could raise €2.3 billion a year.
  • Marks & Spencer has come out on top of the latest decision in its loss relief litigation, one of European tax law's most prominent cases, though a portion of its claims were ruled out of time.
  • India's Customs, Excise & Service Tax Appellate Tribunal has ordered JetLite, an airline, to pay a Rs1 billion ($21 million) deposit in its outstanding service tax dispute with the tax authorities over its promotion of Sahara India Commercial Corporation's business
  • The European Court of Justice (ECJ) has provisionally backed Italy's withholding tax on the cross-border refund of a surtax on dividend payments, but has referred pivotal decisions in the case – such as final classification of the refund – back to the domestic court.
  • The OECD has announced it may begin a project to investigate the issues of transfer pricing involving intangible property, much to the approval of specialists in the field.
  • Fashion retailer, H&M, has been criticised for its operations in Bangladesh and tax payments amounting to transfer mis-pricing.
  • Next year will herald a widescale period of change for tax in India. It will force tax directors from domestic and international companies. to completely reconsider their strategies and to seek efficiencies at all levels of their company's tax affairs.