ITR Search | International Tax Review

EU Commission head criticizes Swiss tax regime

José Manuel Barroso, head of the EU Commission, has said that Swiss cantons – regions of the non-EU state – have discriminatory tax regimes, which are illegal under EU law. Barroso said on July 5 that if Switzerland wished to benefit more from the common market then tax legislation would have to change.

July 09 2006

Trade union report slams downward trend for corporate tax rates

A report by the International Confederation of Free Trade Unions says that if governments keep on lowering corporate tax rates, there will be a public funding crisis.

July 09 2006

Spain forced to EU Court of Justice for capital duty infringements

The EU Commission referred Spain to the European Court of Justice for infringements to the Capital Duty Directive, which allows EU members to impose a 1% levy on companies created in the member state, on July 10. The EU Commission said on July 13 2005 that Spain should change its legislation to comply with the directive.

July 09 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

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

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

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

John Snow resigns from US Treasury role

John Snow resigned formally as US Treasury secretary on June 30.Treasury deputy secretary Robert Kimmitt will become acting secretary until Henry Paulson, Snow's successor, is sworn in

July 03 2006

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