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  • Simmons & Simmons opens Amsterdam office
    The Dutch financial markets group will move from Rotterdam to Amsterdam. The group comprises 18 lawyers and tax advisers including tax partner Rene van Eldonk.
    March 14 2006
  • Banca Popolare di Cremona v Agenzia Entrate Ufficio Cremona
    VAT – Internal taxation – Regional tax on production.
    March 14 2006
  • Deutsche Bank profits cut by tax probe
    Deutsche Bank announced on March 9 that it would lower profits by €250 million ($298 million) because of the US investigation into the bank's part in the KPMG tax shelter scandal. The cut represents 6.6% of the €3.8 billion expected profit.
    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
  • 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
  • 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
  • Minister proposes nationwide sales levy
    Palaniappan Chidambaram, India's finance minister has called for the introduction of a general sales tax from April 1 2010, in his 2006 budget statement.
    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
  • Companies lack written tax policy
    Almost two-thirds of respondents (64%) at a recent PricewaterhouseCoopers event on tax risk management in the UK, said that their company does not have a written tax policy or strategy that is signed off by the board
    March 08 2006
  • Mazars takes over U2's accountants
    Mazars, Ireland's seventh-largest accounting firm, has bought OJ Kilkenny & Co, which counts U2 and Bryan Adams among its corporate and entertainment clients. The new firm intends to grow by providing financial, tax and business advice to specific industries, such as sport and entertainment
    March 08 2006
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