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  • Outside expertise will allow the UK tax authorities to attack transactions they view as risky with a whole new level of sophistication, says Ted Keen of the Ballentine Barbera Group, a CRA International company. UK taxpayers who have not yet done so should revisit their transfer pricing documentation, particularly where transfers of valuable intangible property are concerned
  • How to treat shared service centres is a key issue for tax officials and taxpayers in Latin America today, report Luis Liñero of Deloitte in Mexico, Cristina Arantes Berry of Deloitte in Brazil, Daniel Caracciolo of Deloitte in Argentina, Anthony Cook of Deloitte in Chile, Jaime Vargas Cifuentes of Deloitte in Colombia and Alan Saborio of Deloitte in Costa Rica
  • Alan Saborio of Deloitte in Costa Rica and Taufic Aranky of Deloitte in Guatemala reveal what countries in Central America are doing to update their international tax rules
  • The members of the Andean Pact and Venezuela are using tax treaties to compete for foreign direct investment. Jaime Vargas Cifuentes of Deloitte in Colombia, Xavier Ribadenerira, Gustavo Lopez Ameri of Deloitte in Peru and Humberto Romero Muci of Deloitte in Venezuela report on how the agreements take local situations into account
  • Significant developments and tax reform bills in Argentina, Chile, Paraguay and Uruguay may be relevant to businesses regularly operating in these countries, believe Daniel Caracciolo of Deloitte in Argentina, Ricardo Fabris of Deloitte in Paraguay and Carlos Borba of Deloitte in Uruguay
  • The complexity and number of taxes in Brazil does not make investment easy for oil and gas companies, believe Mario Nascimento, Mauro Andrade and Luiz Rezende Gomes of Deloitte in Brazil
  • We turn into 2008 with the prospect of common consolidated corporate tax base(CCCTB) a legislative proposal for being presented to EU finance ministers in the autumn. It is by no means certain that it will go through but we are moving closer to a political decision to adopt. A meeting of Ecofin will determine whether some European states move to the next stage.
  • True Partners Consulting, which recently inaugurated an international network of tax consulting firms, has hired three new managing directors in the US.