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  • Two firms that provide transaction tax support for transfer pricing are forming a global alliance
  • Joseph Fletcher has joined Morrison & Foerster as a partner in San Francisco. He advises multinational and start-up companies on corporate and partnership taxation, including business formation; formation and taxation of venture capital and investment funds; cross-border acquisitions by US or foreign multinationals, securities offerings, and the licensing and sale of intellectual property.
  • The Canadian government has published proposals to help income trusts become corporations without tax repercussions
  • The Hong Kong government will offer tax breaks to boost the development of the city's first Islamic bond, Ceajar Chan Ka-keung, secretary for financial services and the treasury has told a banking conference.
  • The Ford Motor Company is suing the Internal Revenue Service in the US because it believes it paid too much income tax in nine years between 1983 and 1994
  • In June the European Commission issued an infringement procedure against Spain regarding violations in its rules governing the right to deduct VAT on imports. This was the second request for the country to remove the infringement
  • Treasury deputy assistant secretary for international tax affairs Michael Mundaca has urged prompt action to ratify the tax treaties pending between the US and three foreign countries
  • Billions of dollars are at stake in transfer pricing disputes waiting to be resolved through the European Commission’s Arbitration Convention process
  • Jaroslaw Bieronski and Bartlomiej Bialy of Soltysinski Kawecki & Szlezak highlight the transfer pricing methods allowed in Poland.
  • Maria Kostenko has been elected a partner in the tax group of Baker & McKenzie's Moscow office. She specialises in Russian and international tax law including tax due diligence and structuring of M&A transactions, tax planning and structuring of inbound investments and operations in Russia, and tax controversies.