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  • Advisers expect President-elect Obama's administration to put changes to transfer pricing rules high on its list of priorities when he takes office
  • As world markets plunge, even one of the world’s poorest nations is beginning to worry about the implications for them, and is turning to transfer pricing revenues as a means of survival
  • The Isle of Man has hit back at the UK's Chancellor of the Exchequer after he promised to review Britain's tax relationship with the island
  • Ten corporate tax lawyers have joined the partnership of Garrigues, the Spanish law firm, in nine different offices. Jesús Andujar is the new addition in La Coruña; Juan Antonio Pacheco has become a partner in Alicante; Granada gets another partner in the shape of José Pedro Fernández-Casas and Lisbon's Paulo Nuncio also joins the partnership.
  • Rahul Mitra of PricewaterhouseCoopers outlines the flaws in the Indian transfer pricing regime and explains why changes need to be made to support multinational companies operating in the country
  • Marek Romancov has joined Deloitte in the Czech Republic as a partner in the tax department.
  • VAT – Place of taxable transactions – Place of supply for tax purposes – Service supplier established in a member state other than that in which the customer is established – Status of taxable person – Services supplied to a national foundation carrying out both economic and non-economic activities.
  • Common system of taxation applicable to exchanges of shares – Accounting for shares at market rather than book value – Taxation of resulting capital gain.
  • The Israeli Tax Authority (ITA) recently released the Income Tax Circular No. 3/2008 concerning transfer pricing
  • The Australian tax office is predicting an increase in annual compliance arrangements after it signed its second ever agreement with Integral Energy, one of the country's largest state owned energy companies.