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Repsol sues Ecuador government over oil windfall tax

Spanish oil producer Repsol is the latest multinational company to take the Ecuador government to international arbitration over windfall taxes

June 16 2008
Ernst & Young gains US transfer pricing partner

E Miller Williams, Jr is the newest member of Ernst & Young's US transfer pricing team. Miller will work on complex transfer pricing matters with an emphasis on international transfer pricing controversy, advanced pricing agreements (APA) and competent authority.

June 16 2008
IRS, Treasury want comments on interest allocation and apportionment

The US tax authorities are seeking comments on guidance needed regarding the elections to allocate and apportion interest expense on a worldwide affiliated group basis and to expand the financial institution group of a worldwide affiliated group

June 16 2008
Kollektivavtalsstiftelsen TRR Trygghetsrådet v Skatteverket

Taxation – VAT – Council Directives 77/388/EEC and 2006/112/EC – Place of supply – Consultancy services – National foundation which carries out both economic and other activities which do not fall within the scope of Directives 77/388 and 2006/112.

June 16 2008
Grant Thornton adds transactions partner

Paul Cooper has become a partner in Grant Thornton's transaction tax team in London. He was previously a director at Terra Firma, the private equity fund and an M&A tax partner at KPMG. He will work on private equity and corporate transactions and also advise on restructurings and re-negotiating finance.

June 16 2008
HMRC make risk assessment central to new policy on transfer pricing enquiries

New guidance from the UK tax authorities on the conduct of transfer pricing enquiries focuses on risk assessment and the rights and responsibilities of taxpayers

June 16 2008
Permanent establishment is key to OECD revisions

Industry commentators focus responses on PE extensions

June 11 2008
Medtronic is subject to IRS competent authority review

Medical devices business faces higher tax bill over Irish subsidiary

June 11 2008
Parliamentary inquiry launched into Indonesian coal producer

Transfer pricing at the heart of alleged state losses of $63 million

June 11 2008
Glaxo Canada loses transfer pricing case

Pharmaceuticals company could face massive tax bill

June 11 2008

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