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  • The National Swedish Tax Board could hit Volvo Cars with a further tax bill of Kr1.4 billion ($200 million) in back taxes.
  • The UK's biggest companies paid 26% of the government's total corporation tax take in 2006, a survey carried out on their behalf has found.
  • The Maltese parliament is now debating legislation that it tabled earlier this month to bring the country's tax system into line with European Commission requirements.
  • Germany's tax authorities have issued guidance on what they believe the implications of the Cadbury Schweppes judgement to be on the country's CFC rules, regarded by many to be similar to those in the UK. The UK's CFC regime was considered to contradict EU law by the European Court of justice, which reviewed the rules in the Cadbury Schweppes case.
  • Argentina's Administrative Tax Court panel (Tribunal Fiscal de la Nación) has reaffirmed that businesses operating in the country must produce comprehensive documentation and solid transfer pricing analysis for transactions.
  • The European Commission had asked the European Court of Justice to look at Belgium, Spain, Italy, the Netherlands, and Portugal's treatment of dividends. The Commission has also asked Latvia to respond to a reasoned opinion written regarding its treatment of dividends within two months.
  • International Tax Review's annual survey of tax services in North America is now open. We encourage all consumers of tax services in North America to take part by clicking here.
  • The OECD has published the terms of reference for a study into the relationship between tax advisers and other intermediaries, and tax authorities.
  • Michael D'Ascenzo, Australia's commissioner of taxation, said that 2006 saw more taxpayers filing electronically than by paper for the first time ever. D'Ascenzo said that he wanted online filing's popularity to further increase.
  • Hal Hicks, international tax counsel of the US Treasury, is stepping down on February 6 to become an international tax partner in the Washington, DC office of Skadden, Arps, Slate, Meagher & Flom.