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  • Mark Everson becomes OECD forum chair
    Mark Everson, the Internal Revenue Service commissioner, will head the forum on tax administration, part of the Organisation for Economic Cooperation and Development's (OECD's) committee on fiscal affairs.
    August 06 2006
  • Six EU countries asked to amend outbound dividend rules
    The EU Commission has sent formal requests to Belgium, Spain, Italy, Luxembourg, the Netherlands and Portugal asking them to change the law on the taxation of outbound dividends. The six countries tax dividend payments to foreign companies more harshly than those paid to domestic companies, which contradicts EU law on the free movement of capital.
    July 30 2006
  • Tax lawyer becomes Freshfields' managing partner in Spain
    Miguel Klingenberg, who is the head of the Spanish tax department, will become the managing partner of Freshfields Bruckhaus Deringer's two Spanish offices on August 1.
    July 30 2006
  • Tax lawyer becomes Freshfields' managing partner in Spain
    Miguel Klingenberg, who is the head of the Spanish tax department, will become the managing partner of Freshfields Bruckhaus Deringer's two Spainish offices on August 1.
    July 30 2006
  • New Zealand could cut corporate tax rate
    The government released a discussion document last week, which featured a range of options on how to change the business tax regime – including cutting the corporate tax rate from 33% to 30%. Michael Cullen, New Zealand's finance minister, said a corporate tax cut would make New Zealand's economy more competitive with Australia. Australia's corporate tax rate is now 30%.
    July 30 2006
  • US authorities release 'dynamic analysis' report
    The report details the effects of George W Bush's proposals to extend until 2010 certain types of tax relief brought in 2001 and 2003, including lower dividend and capital gains tax rates.
    July 30 2006
  • Davies gets new partner in New York
    Canadian law firm Davies Ward Phillips & Vineberg has expanded its New York practice with the hire of partner Abraham Leitner. Leitner was at Roberts and Holland before joining the firm.
    July 30 2006
  • Columbia plans lower corporate rate in exchange for VAT on basics
    Alberto Carrasquilla, Columbia's finance minister, proposed a corporate tax cut of six and a half percentage points from 38.5% to 32% on Friday. The cut would be financed by a new VAT levy on foods such as potatoes and rice. It is expected that there will be much opposition to the new levy because poverty is so high in the jurisdiction.
    July 30 2006
  • Polsinelli Shalton Welte Suelthaus boosts tax team
    Michael Cornett, a partner, and Douglas McHoney, a senior associate, joined the US mid-west firm on July 25. Before coming to Polsinelli, Cornett was at Miller & Chevalier and the Internal Revenue Service. McHoney practiced at PricewaterhouseCoopers, where he was an international tax services tax director.
    July 30 2006
  • Barbados lowers corporate tax levy
    Mia Mottley, Barbados's minister of economic affairs, said that the levy would fall by a fifth from 25% to 20%.
    July 30 2006
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