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  • The Australian government will spend an additional A$305 million over the next six years in a crackdown against offshore tax schemes and fraud
  • By Katie Lahey, chief executive, Business Council of Australia
  • The chief executive of True Partners Consulting, a new tax and business advisory firm, in Chicago, believes that the setting up of the firm can be looked at as Arthur Andersen coming back to Chicago.
  • Toronto
  • On April 29 2005, the Dutch Ministry of Finance issued a white paper on reform of the Dutch corporate tax system in 2007. In anticipation of the debate on the white paper, in September 2005 the secretary of finance presented a bill including several proposed measures from the white paper which have come into force on January 1 2006.
  • Firms that provide legal, tax and auditing advice in Mexico are up in arms over a move to toughen the country's independence rules. Baker & McKenzie, a law firm, who wrote a government-commissioned report on auditor independence, has rejected suggestions that it will necessarily secure a larger part of the tax advice market if the proposal is enacted. It maintains that any change will only relate to aggressive tax advice.