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  • Shares in Yukos, the Russian oil company, fell by 16% on January 19 after the Russian government demanded R107 billion, or $3.8 billion in back taxes
  • Richard Fletcher, a director of LECG, an economic advisory firm, has joined Baker & McKenzie, a law firm, in London as head of UK transfer pricing. He is not a lawyer and will be the equivalent of a partner in the corporate tax group. The appointment comes shortly after Massimo Giaconia's move to Baker & McKenzie's tax practice in Milan. Giaconia was the tax managing partner of Ernst & Young in Italy. Two others from Ernst & Young joined Baker & McKenzie in Milan as associates
  • Business NZ, the biggest representative business organization in New Zealand, has called on the government there to introduce tax relief to boost low business confidence. Click here for the Business New Zealand opinion
  • Jeffrey Levenstam has resigned as Cisco Systems' senior director of international tax and customs, to become a member of Ernst & Young's international tax services group in San Francisco. Lisa Peschcke-Koedt, has left Agilent Technologies, where she was vice-president for global tax, to replace Levenstam at Cisco
  • Many UK multinationals could leave the country because of its "antagonistic" anti-tax avoidance laws, Guy Brannan, head of tax at Linklaters has told the Times. Read the story here
  • Carolyn Fanaroff has joined Greenberg Traurig's tax practice group in Washington, DC. A transfer pricing specialist, she previously worked in the Internal Revenue Service's Office of Chief Counsel
  • Jose Ignacio Muniozguren, a tax partner of the firm, has been put in charge of Garrigues' new office in Casablanca in Morocco.
  • The OECD's Centre for Tax Policy and Administration is holding a public consultation meeting on the application of article 15 of the OECD Model Tax Convention to short-term foreign assignments, on Monday January 30, at the organization's offices in Paris
  • The UK tax authorities are examining transfer pricing arrangements at NCR Financial Solutions Group, which makes cashpoint machines. "This is a standard Inland Revenue audit which is ongoing and we do not see a tax liability," a statement from NCR, its parent company, said. Read the story here
  • The National Tax Service in Korea is investigating some foreign companies for tax evasion. Read the story from the Korea Times here