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Axel Kittel v État belge, État belge v Recolta Recycling SPRL

Sixth VAT Directive; Deduction of input tax; ‘Carousel’ fraud; Contract of sale incurably void under domestic law;

July 05 2006

Casa di cura privata Salus SpA v Agenzia Entrate – Ufficio di Napoli 4; Agenzia Entrate – Ufficio di Firenze 1 v Villa Maria Beatrice Hospital Srl

Second paragraph of Article 104(3) of the Rules of Procedure – Sixth VAT Directive – Article 13B(c) – Exemptions – Supplies of goods used wholly for an exempted activity which do not give rise to a right of deduction.

July 05 2006

Axel Kittel v État Belge and État Belge v Recolta Recycling SPRL

Sixth VAT Directive – Deduction of input tax – ‘Carousel’ fraud – Contract of sale incurably void under domestic law.

July 05 2006

Talacre Beach Caravan Sales Ltd v Commissioners of Customs & Excise

Sixth VAT Directive – Article 28 – Exemption with refund of the tax paid – Sale of goods taxed at zero-rate fitted with goods taxed at the standard rate – Residential caravans – Single supply.

July 05 2006

Hungary hikes VAT

The Hungarian government will raise the middle rate of VAT by a third from 15% to 20% in September 2006 after the Free Democrat political party protested about the original decision to raise both the middle and the top rates.

July 03 2006

EU introduces transfer pricing code of conduct

László Kovács, the EU commissioner for taxation and customs union said that the transfer pricing code of conduct will bring "greater certainty and reduced compliance costs" on June 27 after the code was formally adopted by Ecofin

July 03 2006

Symantec files over $1 billion tax bill

Symantec, a software company, filed a petition with the US tax court on June 26 over the $1 billion bill, according to the Wall Street Journal. The $1 billion bill comprises about $758 million in back taxes owed by Veritas, a software company that Symantec bought in 2005, and $303 million in penalties.

July 03 2006

EU advocate general gives opinion on UK thin capitalization case

The EU advocate general gave its opinion on the Test Claimants in the Thin Cap Group Litigation vs Commissioners of Inland Revenue case on June 29.

July 03 2006

Judge Kaplan reprimands US authorities in ex-KPMG employees case

Judge Lewis Kaplan said on June 27 that government prosecutors had threatened the defendants' right to a fair trial by pressuring KPMG to refuse to advance their defence costs.

July 03 2006

Seven new lawyers for Bennett Jones's Toronto tax team

Bennett Jones's Toronto tax practice will hire seven lawyers by mid September, taking the total number to 14. There are four partners among the new hires. Two partners have already joined: Tom Bauer, who was at Thorsteinssons; and Geoffrey Dyer, from Torys. Cosimo Fiorenza and Bernard Morris will both join in the next few weeks from Goodman & Carr.

July 03 2006

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