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  • DLA Piper adds tax partner
    The global law firm has promoted Baltimore-based Naftali Weg to partner
    February 09 2007
  • Kilpatrick Stockton expand tax team
    Don Reiser has joined Kilpatrick Stockton as a partner, working out of the firm's New York and Atlanta offices. Reiser was previously with PricewaterhouseCoopers and his practice will focus on international tax where he has more than 25 years experience.
    February 09 2007
  • Anticipation of India's 2007-2008 Budget mounts
    The Budget is expected to lessen or remove the tax surcharge, in light of record direct tax collections. A corporate tax reduction is not expected. Finance minister Chidambaram Palaniappan has repeatedly said that tax cuts will depend on tax compliance. But the level of conformity at which cuts will begin has not been set. Tax breaks are also predicted to be lost, starting with corporate sector exemptions. The Budget will be released on February 29.
    February 09 2007
  • Pressure for reform in Australia
    The Business Council of Australia (BCA) is urging the government to reform the corporate tax system. In a pre-budget submission the BCA asked the government to commit to a business tax reform that would include reducing the corporate tax rate and reducing the regulatory burden on business. The BCA argues that the tax burden on companies as a percentage of gross domestic product remains high at 5.7%, almost two and a half percentage points above the OECD average of 3.4%.
    February 09 2007
  • Investrand BV v Staatssecretaris van Financiën
    Sixth VAT Directive – Article 17(2) – Right to deduct – Costs related to advisory services obtained in the course of arbitration proceedings to establish the amount of a claim that forms part of a company’s assets, but arose before its holder became liable to VAT.
    February 08 2007
  • Hans Markus Kofoed v Skatteministeriet
    Directive 90/434/EEC – Common system of taxation applicable to mergers, divisions, transfers of assets and exchanges of shares concerning companies of different member states – Exchange of shares – Treating a profit distribution closely connected with the exchange of shares as a cash payment – Tax avoidance as principal objective.
    February 08 2007
  • Google cuts tax bill
    Google's effective tax rate improved significantly for the fourth-quarter of 2006 and for the financial year.
    February 07 2007
  • Irish multinationals benefit from finance bill
    Irish companies with several foreign branches will prosper from changes to a tax credit system announced in the Irish finance bill
    February 07 2007
  • Sidley Austin expands Chicago tax group
    The US firm's Chicago office has hired two tax partners, Lee Christie and Tracy Williams, to boost its insurance tax capability.
    February 06 2007
  • SA tax compliance takes too much time
    A report has found that most companies with South African operations spend a disproportionate amount of time on compliance work.
    February 06 2007
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