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  • Freedom to provide services – Tax legislation – Corporation tax – Equestrian presentations and lessons organised in a member state by a company established in another member state – Deduction of operating expenses – Conditions – Direct economic connection to income received in the state in which the activity is pursued.
  • Directive 69/335/EEC – Indirect taxes – Raising of capital – Transfer of a company’s registered office – Exemption from capital duty of agricultural cooperative organisations, and of co-ownership of vessels, shipping consortia and shipping companies.
  • The partners of RSM & Co have voted unanimously to form the biggest tax practice in India by merging with PricewaterhouseCoopers.
  • Germany's corporate tax reform plans could stop the economy in its tracks rather than help it to resume strong growth.
  • On January 31 Venezuela's National Congress passed what the government referred to as an "enabling law",which allows President Hugo Chavez to impose laws by decree.
  • TMF, a subsidiary of the private equity arm of insurer Prudential, has launched a global network providing value-added tax (VAT) services.
  • Jim Fuller has stepped down as head of the tax group at Fenwick & West, the Silicon Valley law firm. David Forst has been elected to replace him. Fuller said he wanted to devote all his time to clients, as well as create a leadership opportunity in the practice.
  • Last Wednesday OECD countries agreed to endorse mandatory arbitration to resolve cross-border tax disputes.
  • The Korean government is considering introducing tax allowances that will drastically reduce corporate taxes for regional companies; it was announced on February 7. The plan will be finalised in April and submitted to the National Assembly for approval later in the year.
  • The global law firm has promoted Baltimore-based Naftali Weg to partner