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  • Australia plans to simplify tax system
    Peter Costello, the Australian treasurer, said a new bill will cut tax legislation by 4100 pages. The Tax Laws Amendment (Repeal of Inoperative Provisions) Bill, released on June 22, will also give some terms with multiple definitions a single meaning.
    June 30 2006
  • Cook takes top job at KPMG in UK
    Colin Cook is moving from a two-year stint as chief executive of KPMG's tax and people services practice in the UK to run the whole firm in Britain. He takes over as UK chief executive from John Griffith-Jones, who will become the firm's UK senior partner on October 1.
    June 30 2006
  • Both sides get something from thin-capitalization GLO opinion
    The UK's rules on thin-capitalization comply with EU law, according to an advocate-general of the European Court of Justice because they are applied on an arm's-length basis, but Leendert Geelhoed believes a taxpayer should be allowed to deduct the cost of funding a subsidiary if it can show that there was a commercial reason for the funding method it chose.
    June 30 2006
  • New additions to Duff & Phelps' west-coast practices
    Clarke Norton will become a managing director at Duff & Phelps' San Francisco transfer pricing practice. Norton joined from FTI Consulting, where she headed the US transfer pricing department. In Los Angeles, Ray Brown, Paul Burns and Stephanie Graham joined the transfer pricing group. The moves were announced on June 8.
    June 30 2006
  • VAT hike passed in Germany
    The Bundesrat upper house of the German parliament voted in favour of the three percentage point increase, the largest tax increase in the state since World War II, on June 16. The Bundestag, the lower house, approved the increase on May 19. The increase from 16% to 19% will be implemented on January 1 2007.
    June 30 2006
  • Taxand grows again
    Taxand, a global independent alliance of tax advisers, has expanded to include eight new firms. The countries represented are Canada, China, Cyprus, Norway, Romania, Portugal, Colombia and Peru.
    June 30 2006
  • Grant Thornton gets new transfer pricing head
    Enrique Rayon was named as head of the US west coast transfer pricing team on June 12. Grant Thornton's west coast practice covers the states of California, Arizona, Oregon, Washington, Hawaii, Utah, Nevada, Arizona and New Mexico.
    June 30 2006
  • Ten promoted to partners at KPMG's UK tax practice
    In October 2006, KPMG will add 10 partners to its UK tax practice. The ten come from across the UK, including Leeds, Manchester, London and Reading.
    June 30 2006
  • New appointments at IRS
    Frank Ng will be the first US Internal Revenue Service deputy commissioner (international) for large and medium sized businesses (LMSB). Ng was the industry director for communications, technology and media in LMSB before taking on an acting role in his new job. John Imhoff has been appointed deputy chief of criminal investigation
    June 30 2006
  • lange-julaug06.jpg
    Lange takes international tax helm at Deloitte
    Dan Lange: new international tax head Dan Lange, the new global managing partner for international tax services at Deloitte, has pinpointed training and knowledge sharing as the keys to the firm delivering the "global seamless service" that he says clients demand. "If you're trained on the same methodologies, using the same tools and approaches, you share a common culture, then you've got the ability to provide transparent services across multiple borders," he said.
    June 30 2006
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