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  • Dubai customs: ready for VAT One of the richest oil states in the Arabian Gulf, the United Arab Emirates (UAE) has announced that it is planning to introduce value added tax. It would be the first state in the Gulf to make such a move.
  • Communists in the Ukrainian parliament have stopped the adoption of a new double tax treaty with Cyprus. The government failed to secure a majority for its revision of the treaty signed by the Soviet Union, which then included Ukraine, in 1982.
  • Stomach pains for Glaxo GlaxoSmithKline has lost an appeal in the Tax Court of Canada over a reassessment of its tax liability on supplier transactions in the early 1990s.
  • A monthly commentary on the notable facts, figures and goings-on in the tax world, so called to give you a gentle exit from International Tax Review each month
  • Jill Storey, of KPMG UK, argues that the employer tax burdens in Europe are growing
  • The Cragus Group, a Dubai firm of tax advisers, and Transfer Pricing Associates (TPA) Global are joining up. From June 9 Cragus will host the Arabian Gulf office of TPA, an international firm of transfer pricing specialists. Cragus said that with TPA Global's support it will now be able to advise regional outbound clients, as well as international inbound companies, on their transfer pricing strategies.
  • It may be the summer time in the northern hemisphere, but this doesn't mean that jurisdictions are taking a break from considering complex issues that may have far-reaching consequences for taxpayers. Courts in Australia, in the Roche case, and Canada, in the case of Glaxo Canada, have handed down judgements in transfer pricing cases that pharmaceutical companies in particular will be watching closely. Another US senator has produced a draft international tax reform bill aimed at keeping jobs in the US by removing some tax reliefs for foreign companies. And UK-resident multinationals continue their discussions with the British government on how the taxation of foreign profits regime should change - if it has to change.
  • Barry Marshall has been appointed head of tax at Pricewaterhouse-Coopers in the UK. He replaces Richard Collier-Keywood who has been promoted to managing partner at the firm.
  • John Klotsche is joining the tax controversy practice group of Washington DC law firm Caplin & Drysdale. Klotsche will spearhead the launch of Caplin & Drysdale's new practice area, ADRTax, specialising in alternative dispute resolution of tax matters.