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  • The WTO's Appellate Body has upheld the EU's complaint that the US is continuing to maintain foreign sales corporation and extra-territorial income subsidies that the WTO has previously declared illegal.
  • The Australian government will spend an additional A$305 million over the next six years in a crackdown against offshore tax schemes and fraud
  • Caitriona McGonagle has been promoted to the partnership at Matheson Ormsby Prentice, an Irish law firm. She is based in New York, where she focuses on M&A, reorganizations and the structuring of domestic and international corporate acquisitions.
  • According to the International Herald Tribune of February 14, the US tax authorities are offering law firms, accounting firms, banks and investment firms that put together aggressive tax schemes a chance to "come forward, pay penalties and turn over information" and avoid criminal prosecution
  • Toronto
  • Daniel Friel, head of international tax, and Sean Finn resigned from the partnership at Lovells in London on February 24 to join Latham & Watkins on a date to be agreed.
  • The Russian transfer pricing rules, which were introduced in 1999, are mainly contained in articles 20 ("related parties") and 40 ("principles of determining prices of goods [work, services] for tax purposes"). of the Russian Tax Code.