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  • Berne: no agreement in sight Switzerland and representatives from the European Union have again failed to reach common ground on the issue of cantonal corporate taxes.
  • Brazil's federal government is introducing tougher rules on ethanol producers for the PIS/Cofins social security tax.
  • Norway parliament New transfer pricing documentation rules have been introduced in Norway. Although the law introducing the changes was agreed by the parliament in Oslo in June, the implementing rules were finalised only as the year came to an end.
  • Yuri Delikatny has left KPMG in the Ukraine to lead the tax department at law firm Norr Stiefenhofer Lutz which opened its Kiev office in December.
  • When is £1 billion not £1 billion? When it is mentioned in a high profile tax case. Over the last two or three years various accountancy and law firms have been asked what the implications of specific rulings might be in the round. They often quote a suitably impressive set of numbers.
  • The US law practice Duff & Phelps has engaged Karl Rothfuss as managing partner of its transfer pricing practice in Cincinnati.
  • Lynch Jiang of Deloitte argues that China's export VAT system is too complicated and needs further reform
  • The US Treasury has outlined three approaches to reforming the US business tax system in a new report on the corporate tax system and global competitiveness.
  • Marc Quaghebeur, Vandendijk & Partners, argues that a recent court ruling paves the way for Flanders to be a retirement haven for entrepreneurs
  • Viacom, the television entertainment company, has appointed James Barge as executive vice president of tax and treasury. He joins from Time Warner, where he was senior vice president and controller.