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  • David Lewis of Eli-Lilly says that a coalition of US companies is conducting important research looking at whether a territorial tax system is right for the US
  • The tax executives that were members of the original EU Joint Transfer Pricing Forum in 2002 have all stepped down from the new line-up announced in April by Laszlo Kovacs, the European commissioner for taxation and customs union.
  • On the way to the Treasury Hailed as one of the most important developments in tax investigations for many years, a new offshore disclosure facility is expected to bring in billions of pounds in revenue to Her Majesty's Revenue and Customs (HMRC).
  • Mark Everson Mark Everson, the commissioner of internal revenue, is leaving the IRS one year short of completing his five-year term. He becomes president of the American Red Cross on May 29.
  • Tax is intimately wrapped up in the discussions about to help the environment. Policy makers have identified charging businesses and individuals more when they contribute to climate change as one method. Another is emissions trading systems, where businesses can buy and sell allowances according to how much greenhouse gases they emit.
  • Carl Philgren Earlier this year the National Board on Advance Rulings as a consequence of the Marks & Spencer case (C- 446/03) made several decisions regarding the Swedish group contribution system. In somes cases the rulings have been appealed by the Swedish tax authority.
  • In India's robust economy, revenue authorities are fighting for their fair share of profit margins with increased vigour, say Vispi Patel and Sanjay Tolia of PricewaterhouseCoopers
  • Vijay Iyer of Ernst & Young highlights the benefits of good cross-border structuring
  • S Madhavan and Sachin Menon of PricewaterhouseCoopers outline India's efforts to simplify and clarify its convoluted indirect tax system
  • As international business in India grows, legislators and courts are struggling to keep pace. Ganesh Raj of Ernst & Young highlights recent tax controversies that reflect the muddled state of international tax in India