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  • Laura Barzilai has become a partner in the New York office of Sidley Austin. She is a specialist in domestic and cross-border M&A, tax-free reorganisations, joint ventures, restructurings and other major corporate transactions, domestic and foreign securities offerings, and federal income tax controversy.
  • A UK parliamentary inquiry into private equity was always going to try to shine more light on its tax treatment than the industry would have wished
  • 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
  • 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
  • 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
  • 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
  • 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.
  • EU member states can operate a tax system that discriminates against a subsidiary and their parent company established in another member state
  • 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
  • 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