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  • Rudi Heger GmbH v Finanzamt Graz-Stadt
    Sixth VAT Directive – Place of supply for tax purposes – Article 9 – Supply of services connected with immovable property – Transmission of the fishing rights over a particular part of a stretch of water.
    September 06 2006
  • VDP Dental Laboratory NV v Staatssecretaris van Financiën
    Sixth VAT Directive – Exemptions within the territory of the country – Supplies of dental prostheses by dentists and dental technicians – Intra-Community supply – Deduction of input tax.
    September 06 2006
  • Portugal (supported by Spain and the United Kingdom) v Commission
    Action for annulment – State aid –Decision 2003/442/EC– Tax measures adopted by a regional or local authority – Reductions on the rate of income tax for natural and legal persons having their tax residence in the Azores – Classification as State aid – Selective nature – Justification by the nature and overall structure of the tax system – Obligation to state reasons – Compatibility with the common market.
    September 05 2006
  • Pfizer tax counsel joins Grant Thornton
    Guy Kersch, the European tax counsel for the pharmaceuticals company, will move into private practice on September 11. Kersch will help develop Grant Thornton's transfer pricing practice.
    September 04 2006
  • Malaysia gets corporate tax cut
    Abdullah Ahmad Badawi, Malaysia's prime minister, said corporate tax will fall by two percentage points in his September 1 budget speech. The levy will be cut from 28% to 27% in 2007, then to 26% in 2008.
    September 04 2006
  • China & Hong Kong sign tax treaty
    The new treaty includes capital gains protection on sales of equity; preferential withholding tax rates of either 5% or 10% on dividends, and withholding rates as low as 7% for royalties; the authority to make transfer pricing adjustments; and a residence article including all Hong Kong incorporated and managed businesses. Treaty talks began almost 18 months ago on March 9 2005. The treaty was signed on August 21.
    September 04 2006
  • Herbert Smith tax partner qualifies as solicitor-advocate
    Heather Gething, head of tax planning and disputes at Herbert Smith's London office, will now be able to represent the firm's tax clients in the higher UK courts.
    September 04 2006
  • New national tax head for PwC's Washington practice
    John Petrella Jr, formerly an Internal Revenue Service (IRS) employee, joined PricewaterhouseCoopers' Washington office as the managing director of the IRS service team. While at the IRS, Petrella was the strategic initiative owner for large and medium-sized businesses re-engineering and issues management/ resolution strategy.
    September 04 2006
  • Communications company to pay IRS over $1 billion
    Pitney Bowes, a communications company, has said it will pay the IRS $1.1 billion - mostly charged for the sale of its Capital Services business - over the next six months.
    September 04 2006
  • Oil chief says Russian tax code halts growth
    Vagit Alekperov, president of LUKOIL – a Russian oil company, has said that the lack of tax breaks on investment funds, which the industry needs for development projects, is hampering economic progress for oil companies. Alekperov made the comments to Vedomosti, a Russian business newspaper.
    September 04 2006
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