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  • EU launches online VAT consultation
    An EU consultation will look at businesses views on new EU legislation affecting VAT treatment for financial services and insurance.
    March 14 2006
  • Axel Kittel v État Belge and État Belge v Recolta Recycling SPRL
    Value added tax (VAT) – Deduction of input tax – ‘Carousel’ fraud – Abuse of rights – Transactions effected with the sole aim of obtaining an unlawful tax advantage – Loss of the right to deduct.
    March 14 2006
  • Banca Popolare di Cremona v Agenzia Entrate Ufficio Cremona
    VAT – Internal taxation – Regional tax on production.
    March 14 2006
  • Firms chosen for US debt collection
    Three companies have been chosen for the first phase of the controversial privately-run tax debt collection initiative, the Internal Revenue Service announced on March 9
    March 14 2006
  • Ministre de l’Économie, des Finances et de l’Industrie v Gillan Beach Ltd
    VAT – Place of taxable transactions – Fiscal connection – Services provided in connection with boat shows.
    March 09 2006
  • Transactional profit methods come under OECD's spotlight
    The OECD is to consult business on the application of transactional profit methods under the OECD transfer pricing guidelines.
    March 08 2006
  • Treasury adds to guidance objectives
    The US Treasury has updated its Priority Guidance Plan for 2005-2006, which it unveiled in August 2005. Significant additions include a global tax shelter settlement initiative
    March 08 2006
  • Baker & McKenzie hires new tax specialists
    David Deck has joined Baker & McKenzie in Tokyo as a partner in the global banking and finance practice group. Formerly with Linklaters, he specializes in tax-based asset financing, securitization and private equity transactions. Daniel Cullen, who focuses on the federal income taxation of real estate transactions, international and domestic partnerships, joint ventures and structured finance transactions, has been elected to the partnership in the Chicago office.
    March 08 2006
  • Kovacs rejects tax rate harmonization
    The European Commission has "no ambitions" to harmonize corporate tax rates throughout the EU, according to Laszlo Kovacs, the European Commissioners for Taxation and Customs Union, in a speech to the European Movement in Ireland.
    March 08 2006
  • Jersey blocks VAT advantage
    Jersey is to introduce a fulfilment policy which would prevent retailers such as Tesco and Amazon from avoiding value-added tax by selling products such as CDs and DVDs from the island to overseas customers, according to a government paper published on February 23
    March 08 2006
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