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  • Marius Ionescu Lucian Barbu Recent changes to the Romanian tax legislation are mainly aimed at alleviating the effects of the economic and financial crisis on taxpayers' cash-flow.
  • By International Tax Review
  • The tax authorities in Chile are working to align the country's transfer pricing rules with OECD standards, explain Miguel Zamora and Sergio Illanes
  • Transfer pricing is well established in Mexico. The rules have all the features of other jurisdictions outside Latin America, such as audits, explain Moisés Curiel, Carlos Linares and Emilio Angeles
  • On November 24, International Tax Review will present its third annual Asia Tax Awards in Singapore, celebrating the most innovative tax transactional, structuring, litigation and transfer-pricing work done in Asia between August 10 2008 and August 9 2009
  • Chris Walsh chief international indirect tax officer at Vertex comments on the uses for business-networking sites with regards to tax. He believes the technology will present opportunities for tax professionals
  • Linklaters' head of tax in Spain, Nicolas Martin, has quit the firm to join Herbert Smith as a partner. He joins along with two associates, Marta Esteban and Eugenia Castrillon. Linklaters now has one tax partner, Javier García-Pita.
  • Hidehiro Utsumi Hidehiro Utsumi has left Allen & Overy in Japan to join law firm TMI Associates as a partner. He joined on August 1.
  • Vladimir Kotenko In July 2009, the Cabinet of Ministers passed order number 757-p of July 1, and order number 838-p of July 17, both dealing with VAT administration. These orders restrict VAT credit for past periods and limit the right to adjust VAT returns to two months only. An adjustment to a VAT return exceeding 10% total VAT liabilities or VAT credit for a reporting month may be grounds for an off-schedule tax audit in the next month.
  • Anton Prawira The final tax regime is a scheme where the business pays income tax based on revenue rather than profit.