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  • Chicago's finest predict a busy December
    After a relatively quiet period in terms of legislative development in the US, experts gathered at the Chicago Tax Club's autumn seminar warned of an expected flurry of developments before the New Year.
    November 25 2008
  • UK chancellor cuts VAT rate to 15%
    The UK chancellor has cut the value-added tax (VAT) rate by 2.5 percentage points to 15% in an effort to promote business growth and stimulate the economy.
    November 25 2008
  • Former IRS director joins Hartford Financial Services
    The Hartford Financial Services Group has appointed Michael Chesman as senior vice president, associate general counsel and director of tax law.
    November 25 2008
  • Obama names top Treasury figures
    President-elect Barack Obama has ended speculation over who will lead the US through a large economic stimulus package by announcing the key people in his economic team.
    November 25 2008
  • Time to reform UK tax authorities, says expert
    The way UK corporation tax is collected and managed is in need of reform amid a widening national tax gap estimated at £25 billion ($37 billion), says a report.
    November 25 2008
  • Fenwick & West elects new partner
    Adam Halpern has been promoted to partner at Fenwick & West. Halpern has been with the firm since leaving law school in 2000 and has a broad focus on international and cross border matters.
    November 25 2008
  • UK government announces exemption on foreign profits
    The UK government has at last confirmed a dividend exemption system for companies remitting foreign profits back into the country.
    November 24 2008
  • UK's Darling attacks tax havens during pre-budget report speech
    UK chancellor Alistair Darling has attacked the use of tax havens during his pre-budget report speech and has asked for a review of the regulatory arrangements with off-shore financial centres.
    November 24 2008
  • elysees.jpg
    French tax authorities reject traditional transaction methods
    The French tax administration is increasingly turning to the transactional net margin method of determining an arm's length price. Jean-Luc Trucchi argues that rapidity and efficiency should not be used as an excuse for using a simplistic method that may generate a biased application of the arm’s length principle.
    November 21 2008
  • Economic Laws picks new head of tax
    Vispi Patel has joined Economic Laws Practice in Mumbai as head of direct tax. He will be responsible for transfer pricing, international tax and direct taxes. He has more than 24 years experience as a transfer pricing specialist. He moves from PricewaterhouseCoopers, where he was an executive director. He previously worked for RSM and Deloitte.
    November 21 2008
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