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  • A judge has postponed for the time being the trial of three former KPMG employees for tax shelter offences and barred a lawyer from representing one of the defendants.
  • A UK House of Commons committee has said a simplified tax system will be crucial to British success in the global economy
  • The US House of Representatives voted by 405 to 2 on October 16 to extend the moratorium on taxation of internet access and electronic commerce until November 1 2011. The ban was due to expire on November 1 this year.
  • Rosa Maria Soares, transfer pricing partner at Deloitte in Lisbon, describes plans for advance pricing agreements in Portugal
  • South Africa’s draft Revenue Laws Amendment Bill, 2007 contains a group of changes to the South African transfer pricing rules.
  • In the first part of an interview with TP Week, Roy Warden, one of the senior members of HMRC’s transfer pricing management, looks at the challenges ahead
  • Substantial changes to the Russian transfer pricing regime will be debated by parliament in late November.
  • Sixth VAT Directive – Exemptions – Article 15(5) – The concept of ‘chartering sea-going vessels’ – Compatibility of a national law allowing the exemption for full chartering only.
  • Sixth VAT Directive – Independent economic activity – Private limited company – Company’s activities carried out by a natural person as sole director, sole shareholder and sole member of staff.
  • The government has announced a series of key changes to transfer pricing rules which take effect on January 1 2008.