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  • More than 1 million US business taxpayers have filed their tax returns electronically so far this year.
  • The Chartered Institute of Taxation (CIOT) in the UK, whose members are professionals in industry, regulation and private practice, has objected to 2007 Finance Bill measures which introduce subjectivity to the British tax code.
  • US firm Jenkens & Gilchrist, headquartered in Dallas, has paid a $76 million settlement to the IRS and shut down its entire operation.
  • The International VAT Association (IVA) has released a report warning of the rise of VAT fraud in Europe and demanding that something is done about it.
  • Paris-based Edouard Chapellier and Liz Conway, who works in London, will become partners.
  • Taxand, a global network of tax firms, will vote in members from Australia, Denmark and Finland in June, and plans to add another six by the end of 2007.
  • Careful fiscal planning and economic prosperity has allowed the UK's and Canada's finance minsters to deliver business-friendly budgets when politics has demanded it. Though India's economy is growing fast, last month's Union Budget shows that India is lagging far behind in its approach to tax policy
  • Charles Elphicke has joined the London office of US law firm Hunton & Williams, where he will head the European tax practice. Elphicke was previously at another US law firm – Mayer Brown Rowe & Maw.
  • The tax lawyers will join the partnership at global law firm Freshfields Bruckhaus Deringer: London-based Helen Buchanan, Ulf Johannemann from Frankfurt, and Cologne's Norbert Schneider.
  • The 2007 Finance Bill, published on March 29, implements several corporate tax measures that were set out in this year's Budget.