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  • The European Commission has launched an investigation in to whether Luxembourg's 1929 legislation, which exempts holding and financial companies from corporate tax, breaches EU state aid rules
  • Failure of a member state to fulfil obligations – Sixth VAT Directive – Articles 2(1), 5(4)(c), 12(3), and 16(1) – Transaction within the territory of the country – Sale by auction of works of art imported under the arrangements for temporary importation – Auctioneers’ commission.
  • State aid – Tax scheme applicable to coordination centres established in Belgium – Application by an association – Admissibility – Commission decision that that scheme does not constitute aid – Change by the Commission of its assessment – Procedure – Regulation (EC) No 659/1999 – Procedure applicable to monitoring of existing aid – Article 87(1) EC – Transitional measures – Protection of legitimate expectations – General principle of equal treatment.
  • Competence of the Community to conclude the new Lugano Convention on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters.
  • Jean Goncalves has become a partner of LeBoeuf, Lamb, Greene & MacRae in Paris. He advises clients on corporate tax law issues, inclulding the structuring of investment funds and private equity transactions. He was previously a founding partner of SJ Berwin's Paris office. Before that he was European tax director of GE Medical Systems (now GE Healthcare)
  • In his weekly radio address on February 4, President Bush urged Congress to make the R&D tax credit permanent "to keep America the world's leader in technology and innovation"
  • Michael D'Ascenzo, the commissioner of the Australian Taxation Office, believes the global competition for business and workers will mean changes for the Australian taxation system
  • Ernst & Young's worldwide revenues from tax services grew by 5% to almost $4.5 billion in 2005.
  • The Indian states of Delhi, Rajasthan, Uttar Pradesh and Gujarat have agreed to maintain uniform tax rates on bullion. All the four states agreed to impose 1% value-added tax or sales tax on the precious metals, providing a major relief to Delhi, which has been losing considerable amount of bullion trade to states where a lower tax regime prevailed
  • The Business Council of Australia has called for a "major review of Australia's growing corporate tax burden", in its budget submission.