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  • Taxpayers can look forward to the announcement of a five-year roadmap for cutting corporate tax when George Osborne, the chancellor of the exchequer, announces his first budget next week.
  • The Hungarian government has announced an overhaul of the tax system, including an almost halving of the the corporate tax rate for small and medium-sized companies, after controversial remarks compared the country's fiscal problems to the Greek debt crisis.
  • As part of a firm-wide restructuring, Vaish Associates has promoted two transfer pricing associates to salaried partner level.
  • The Mexican tax authorities have extended the deadline for companies to submit their 2009 statutory tax reports (dictamen fiscal), though advisers say that transfer pricing documentation still needs to be ready well in advance of the new date.
  • Akin Gump Strauss Hauer & Feld is opening a new office in Geneva, Switzerland. New partner Jonathan Ivinson has significant transfer pricing experience.
  • The Indian tax authorities are claiming they advised Vodafone to pay tax on its $11.1 billion acquisition of Hutchison a month and a half before the transaction was concluded.
  • Deloitte has promoted eight advisers to the partnership in the UK and Switzerland.
  • The European Commission has finally ruled that a VAT settlement between the Belgium tax authorities and the materials technology group Umicore did not constitute state aid.
  • The IRS and the OECD's Forum on Tax Administration (FTA) plan to shift from a strategy of cooperation to one of bolder "coordinated joint action" between tax authorities as part of a broad initiative to enhance tax administration and compliance.
  • Reference for a preliminary ruling; Value added tax; Directive 2006/112/EC; Article 135(1)(i); Exemption of betting; lotteries and other forms of gambling; Conditions and limitations; Discretionary power of the Member States; Germany's imposition of VAT on gaming machine operations;