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  • With no plans to tackle Australia's growing business tax burden, the 2007-08 Budget has dissatisfied companies.
  • Jay Kushner will become senior vice president of global taxation and treasury at the US media company. In the newly-created role, Kushner will take overall responsibility for both the tax and treasury functions. Kushner was senior vice president, tax and international finance, at Viacom.
  • A hearing of the US Senate Finance Committee was told last week that exchange of information is key to combating offshore tax evasion
  • Jim Flaherty, Canada's finance minister, has admitted that a 2007 Budget measure, which critics say threatens Canadian competitiveness abroad, needs amending.
  • The Financial Accounting Standards Board's (FASB) clarification of the term "ultimately settled" will cut the time it takes for businesses to deal with FIN 48 rules.
  • The European Commission believes that nine member states are infringing EU rules on freedom of capital because domestic pension funds are paying less tax on dividends than their foreign rivals.
  • Rupert Shiers has joined the UK law firm's partnership.
  • Article 21(3) of Council Regulation (EEC) No 4253/88 as amended by Council Regulation (EEC) No 2082/93 – Structural Funds – Prohibition of deduction – Compatibility of a national provision which takes account of funds granted by the Community in the assessment of taxable income.
  • Michael Solomon will join the US law firm as a partner. Solomon previously worked at Pillsbury Winthrop.
  • Grant Thornton will reinforce its position as the fifth biggest accounting firm in the UK when RSM Robson Rhodes joins it on July 1.