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  • AstraZeneca fights HMRC over transfer pricing
    A tax dispute between global pharmaceutical firm, AstraZeneca, and HM Revenues and Customs (HMRC) has been deferred until April 2010, with the outcome of the case expected to have an impact on multinationals and their transfer pricing regimes.
    January 20 2009
  • OECD listens to restructuring debate
    Taxpayers, officials and practitioners can contribute to the debate on business restructuring at a conference in London on February 13, six days before the closing date for comments on the OECD's discussion draft.
    January 20 2009
  • Cross-border investors struggle to claim tax treaty benefits
    An informal consultative group set up by the OECD has made a series of recommendations to overcome the legal and administrative barriers that stop the benefits of tax treaties from being effectively granted to collective investment vehicles (CIVs).
    January 20 2009
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    Singapore prepares to develop transfer pricing policy
    The Inland Revenue Authority of Singapore (IRAS) issued transfer pricing guidelines for the first time in February 2006. In July 2008 the tax authorities opened a consultation to find out from taxpayers how the guidelines were working and if any changes were required. Chai Sui-Fun, assistant commissioner in the tax policy and international tax division of IRAS, explains the Singapore approach to transfer pricing to Ralph Cunningham of www.tpweek.com
    January 19 2009
  • Lithuania increases tax rates as recession deepens
    Countries such as the UK, Vietnam, Russia and South Korea have all cut taxes during the economic downturn, but Lithuania has taken the opposite view and increased them in its annual budget.
    January 19 2009
  • Morgan Stanley looks for tax waiver
    Morgan Stanley is promoting a plan to the US Congress that would waive tax penalties on companies that borrow from their offshore units.
    January 19 2009
  • Australian tax disputes to speed up
    The Australian Tax Office (ATO) is attempting to resolve tax disputes with large corporations quicker and more efficiently amid criticisms that the office is too slow and uncommercial.
    January 16 2009
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    OECD listens to restructuring debate
    Taxpayers, officials and practitioners can contribute to the debate on business restructuring at a conference in London on February 13, six days before the closing date for comments on the OECD's discussion draft
    January 15 2009
  • New partner arrives at Mayer Brown
    Mayer Brown has appointed Jeffrey Davis as a partner in the tax transactions practice in its Washington, DC office. Davis' practice focuses on tax credit transactions. He has experience in structuring and negotiating transactions involving investments in projects that are eligible for certain tax credits and that generally are owned through partnerships and limited liability companies, and on the financing of tax credit-eligible renewable energy projects. He was formerly a partner at McKee Nelson.
    January 15 2009
  • Field Fisher Waterhouse steals Herbert Smith partner
    European law firm Field Fisher Waterhouse has poached partner Derek Hill from Herbert Smith. He will join the firm's London office this month. Hill has experience in the media sector and in providing renewable energy tax advice.
    January 15 2009
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