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  • German finance minister hints interest tax to go
    Peer Steinbrueck, Germany's finance minister, has said that the plans to tax interest payments to finance the proposed 2008 corporate tax cut will be shelved, according to the Wall Street Journal.
    September 17 2006
  • Authority pressure forcing companies to improve tax policy, according to KPMG head
    Loughlin Hickey, global head of tax at KPMG, said governments are collaborating more than ever before on tax matters to increase cross-border compliance but that companies leading the way in tax policy will see opportunities in this increased level of scrutiny. Hickey was speaking at a KPMG conference in Buenos Aires attended by representatives of multinational companies.
    September 17 2006
  • Transfer pricing environment becoming more complex and adversarial, according to Ernst & Young survey
    Ernst & Young 's Tax Authority Interviews: Perspectives, Interpretations and Regulatory Changes transfer pricing survey found tax authorities are more informed and better prepared on transfer pricing strategies than two years previously, when a similar survey was carried out. The survey also found authorities were under more pressure to catch out companies using transfer pricing for tax avoidance. Ernst & Young looked at the transfer pricing regimes in more than 30 countries.
    September 17 2006
  • Alvarez & Marsal nabs senior KPMG partner
    Stanley Wiseberg is coming to Alvarez & Marsal, a US tax firm, to advise on domestic and cross-border M&A issues. Wiseberg was global tax partner-in-charge of M&A and Americas partner-in-charge of private equity for KPMG.
    September 17 2006
  • OECD plans co-operation strategy to counter cross-border avoidance
    The OECD's forum on tax administration said it will further develop a directory of aggressive tax planning strategies, examine the role of tax professionals from law and accounting firms in non-compliance, expand the 2004 corporate governance guidelines and improve the international tax training of officials to combat non-compliance. The forum met in Korea last week.
    September 17 2006
  • Macchi di Cellere Gangemi recruits three to tax team
    Quirino Imbimbo and Alessandro Gulisano became partners of their new firm. Sara Lautieri joined as an associate. The three came from Allen & Overy. Imbimbo is a leading tax adviser in Italy for M&A and cross-border structuring work.
    September 17 2006
  • Arsene adds two tax partners
    Antoine Glaize, formerly of Ernst & Young, and Michel Taly, who was at Landwell, have joined French tax specialist Arsene. Glaize will head transfer pricing.
    September 17 2006
  • PricewaterhouseCoopers loses Italian affiliation
    Pirola Pennuto Zei & Associati, an Italian law firm, is no longer affiliated with PricewaterhouseCoopers as of September 1.
    September 17 2006
  • Elmeka NE v Ipourgos Ikonomikon
    Sixth VAT Directive – Exemptions – Article 15(4)(a), (5) and (8) – Exemption for the chartering of sea-going vessels – Scope.
    September 13 2006
  • Aktiebolaget NN v Skatteverket
    VAT – Supply and installation of an undersea fibre-optic cable between two member states separated by international waters – Classification of the taxable transaction – Place of that transaction.
    September 13 2006
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