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  • Taxpayers should examine each merger and demerger opportunity carefully to obtain all the tax planning and efficiency benefits possible, explain Jairaj Purandare and Amrish Shah of PricewaterhouseCoopers
  • Indian tax tribunals have made some key decisions recently in cases dealing with permanent establishment, trusts and the India-UAE tax treaty, reports CA Gupta of Deloitte Haskins & Sells
  • Taxpayers should be aware of the tax-effective methods available for investing into India and how India's tax treaties can be used for structuring inbound transactions, explain Srinivasa Rao and Rajendra Nayak of Ernst & Young
  • Steven Musher was finally confirmed as associate chief counsel (international) of the US IRS on April 14 Before becoming acting counsel in November 2005, Musher was deputy associate chief counsel where he oversaw the published guidance programme.
  • John Neighbour: new move to KPMG John Neighbour, the former head of the OECD's tax treaty, transfer pricing and financial transactions division, has been made partner in KPMG's global transfer pricing practice. He will specialize in financial services work.
  • The Law "On Customs Tariff" is a basic law which regulates determination and declaration of the customs value of goods. It was first adopted in 1993. The amendments to the law come into force on July 1 2006.
  • The Business Council of Australia (BCA) has called for the recent review of Australia's tax system not to be a one-off.
  • The UK corporate tax community believed Gordon Brown, the UK chancellor of the exchequer, wasted the opportunity of his budget speech in March to simplify and enhance the competitiveness of the UK tax system.
  • The new chairman of the OECD's Committee on Fiscal Affairs (CFA) aims to "speed up the Committee's work on exchange of information and to develop international guidelines for consumption taxes."
  • In a previous issue of the magazine, we analyzed some of the main features of the major tax reform that the Spanish Ministry of Finance published in January. As anticipated, some relevant modifications have been finally introduced before its submission to the Spanish parliament.