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  • Academics attack tax competition
    Tax competition in the EU has negative consequences for national tax policies and the introduction of a common consolidated corporate tax base will not be enough to regulate it, according to a report on European tax policy
    July 31 2007
  • Morgan Lewis adds new partner
    Kate Habershon has joined Morgan Lewis as a tax partner. She was previously with Cleary Gottlieb Steen & Hamilton. She specialises in M&A, capital markets, acquisition and structured finance, private equity, hedge funds and executive compensation. She will continue to be based in London
    July 31 2007
  • Paulson promises action on tax reform
    President Bush's economic team faced tough questions on tax at a briefing on the US economy on July 27, the day after a Treasury conference on business taxation
    July 31 2007
  • UK announces treaty plans
    The UK Treasury has set itself an ambitious programme of work on double tax conventions, protocols to DTCs and tax information exchange agreements between now and March next year
    July 31 2007
  • IRS gets another new acting head
    Linda Stiff has been named as the new deputy commissioner for services and enforcement at the US Internal Revenue Service (IRS). She will also become the new acting commissioner of the Service in September when Kevin Brown leaves. Stiff was the deputy commissioner for operations support, which put her in charge of personnel services, technology and security.
    July 29 2007
  • Treasury consults on capital allowances
    The UK Treasury has published a consultation document on the tax changes to the capital allowances regime announced in this year's Budget
    July 25 2007
  • ATO looks for better links with big business
    The commissioner of the Australian Tax Office (ATO) has said he and his staff want "a prevention is better than cure" approach to compliance for large companies
    July 25 2007
  • Paulson criticises 'broken' tax system
    US Treasury secretary Henry Paulson has slammed the country's corporate tax system and announced plans to build support for changing the Internal Revenue Code
    July 25 2007
  • Liberia leaves tax haven list
    The OECD has removed Liberia from its list of uncooperative tax havens. The country has committed to implementing a programme to improve transparency and establish effective exchange of information in tax matters.
    July 25 2007
  • US law bars tax patents
    Tax planning strategies will be banned in the US under an amendment published in the Patent Reform Act. The Judiciary Committee of the House of Representatives passed the new law unanimously. The ban on tax planning patents is in Section 10.
    July 25 2007
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