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  • In a series of amicus briefs filed with the US Court of Appeals for the Ninth Circuit, several powerful groups have expressed their support for Xilinx in the latest phase of its battle with the Internal Revenue Service.
  • Representatives of almost 100 governments will meet in Mexico on September 1-2 to decide ways to improve transparency and exchange of banking and ownership information for tax purposes.
  • DLA Piper has appointed two KPMG economists to join its Amsterdam office as transfer pricing specialists
  • DLA Piper has appointed two KPMG economists to join its Amsterdam office as transfer pricing specialists.
  • An expert panel at International Tax Review’s global TP forum in September will look at how companies deal with US cost sharing rules and compare them with similar rules in other countries.
  • In the current environment, multinational companies and their tax and transfer pricing advisers face unprecedented challenges, Clarke Norton, principal economist at DLA Piper in New York, identifies some transfer pricing opportunities.
  • An important concession helpful to manufacturers using mainland China contract processors has been denied.
  • Frank Ng, the former commissioner of the Large and Mid-Size Business (LMSB) division of the Internal Revenue Service in the US, has joined Ernst & Young. He will be a member of the tax controversy and risk management services practice. Ng worked for the US tax authorities for 35 years in roles such as tax attaché in Tokyo and chief, tax treaty division, assistant commissioner (international). Three years ago he became LMSB's first deputy commissioner (international), which included responsibility, as the US competent authority, for tax treaties and international compliance programmes. A year later he was appointed LMSB commissioner.
  • Linklaters in the Netherlands has a tax department again after Olaf Kroon joined the firm's Amsterdam office.
  • Tax professionals have criticised the length of guidance released by HM Revenue & Customs on the new rules for senior accounting officers in UK multinationals.