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  • The European Commission has called on Austria and Germany to amend national legislation on outbound dividend payments to companies
  • For a short time on July 25, Lloyd Doggett, a Democrat member of the US House of Representatives from Texas, had his name in lights
  • US Treasury secretary Henry Paulson backed Chile's bid to become the second Latin American nation, after Mexico, to enter the OECD.
  • The House of Lords has decided that Sempra Metals should receive compound interest on the refund they were awarded for paying a UK tax that was ruled illegal under EU law
  • The Brazilian government plans to introduce draft legislation this year to simplify the tax system significantly. Guido Mantega, the finance minister, said the measure would spark economic growth.
  • Thousands of UK company tax returns will be sent to India to be processed by graduates there after Ernst & Young took the decision to move compliance work offshore
  • Taj, the French member of the Deloitte network, has added three new partners
  • International Tax Review will publish in the February and April 2008 issues of the magazine, rankings of the world's leading tax planning and tax transactional practices in 40 countries.
  • VAT – Leasing or letting of immovable property – Grant of fishing rights for a defined body of water.
  • International Tax Review will launch a new weekly transfer pricing newsletter in the second week of September. It will keep transfer pricing professionals up to date with the latest changes and developments in this fast moving world.