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  • The Australian Tax Office is cracking down on inappropriate shifting of business losses into the country. The move follows aggressive attempts by taxpayers to transfer existing or unrealised losses from foreign operations of another business into Australia.
  • Alistair Darling, the UK Chancellor of the Exchequer, will present the pre-budget report on Monday November 24 to parliament. The PBR discusses the government's tax plans for the next fiscal year.
  • Transfer pricing advisers in Thailand are warning companies using a specific holding company investment structure that traditional treatment of their tax liability is changing
  • Tax professionals are urging the UK chancellor of the exchequer to include measures in his pre-budget report, which is due later this month, to make the UK more attractive to multinationals
  • The European Court of Justice (ECJ) has ruled that a taxable person in one EU member state is required to operate the reverse charge on certain services from overseas
  • DLA Piper in Germany has appointed Heinz Zimmermann as counsel. He will establish a tax advisory practice in the firm's Cologne office. Zimmerman was previously at law firm Hogan & Hartson Raue in Berlin.
  • Barack Obama has already made history. Now corporate taxpayers are waiting to see what his administration has in store for them
  • Economy and finance ministers of the EU member states have settled on a general approach to strengthen the fight against VAT fraud.
  • A World Bank/International Finance Corporation study has declared a country of nine and a half million people in the north Atlantic Ocean as the world's top tax reformer in 2007/2008
  • New Zealand’s new government sees transfer pricing as a critical piece in the country’s international tax regime, but is unlikely to tighten the current rules amid a struggling economy, a leading professional says