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  • The European Commission has launched a formal investigation into a Spanish tax scheme which gives domestic companies tax deductions when acquiring stakes in companies abroad
  • Lewis Fernandez and Susan Stanley have joined PricewaterhouseCoopers as directors in the Washington National Tax Services' Internal Revenue Service (IRS) service team.
  • The European Court of Justice has ruled that a Hungarian local business tax is not a turnover tax and so is compatible with the Sixth VAT Directive
  • On October 10, US government prosecutors asked a New York appellate court judge to reinstate criminal charges against 13 former KPMG partners in a case involving tax shelters
  • The New Zealand government is proposing to exempt active income from the offshore operations of New Zealand businesses from tax to help them expand overseas and compete internationally
  • Liberal Party leader Stephane Dion vowed to reduce the federal corporate tax rate to bolster economic growth and fuel competition with foreign markets
  • The Taxand global alliance has called an emergency general meeting for Friday after the defection of its UK member firm Chiltern to BDO Stoy Hayward
  • Mike Ahern, of PwC Poland, examines revenue authority policy on transfer pricing in Poland
  • Global law firm forms alliance with Transfer Pricing Management Consulting
  • The Ballentine Barbera Group, a transfer pricing consultancy owned by CRA International, has added three advisers to its practice in the US. Anjali Bhasin will work from Tysons Corner in Virginia, Mark Bronson will be based in Boston and Patrick Breslin will join the Washington, DC office.