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  • Former Cisco tax man joins Liquid Engines as adviser
    Glen Rossman, former vice-president of global taxation and customs at Cisco Systems, has joined the advisory board of Liquid Engines, which develops income tax management and planning software.
    December 01 2005
  • Jefferson Wells appoints UK tax director
    Jefferson Wells, the global provider of risk, control, compliance and financial process, has appointed Adrian Walker as Director of its UK tax division. He brings 17 years of accounting experience to the role and has worked in the past for KPMG and Ernst & Young.
    December 01 2005
  • End in sight for dividend withholding tax
    Dutch dividend withholding tax is imposed on dividends distributed by Dutch tax-resident companies. The tax is in principle levied at a rate of 25%. Revenue for the Dutch government amounts to more than €1 billion ($1.182 billion) a year.
    December 01 2005
  • The ECJ's tax caseload overflows
    In November, there has been a flurry of activity in relation to the progress of cases being heard at or referred to the European Court of Justice (ECJ), as well as considerable activity in the UK domestic courts in relation to EC Treaty litigation.
    December 01 2005
  • New UK tax initiatives aim for dialogue with boardroom
    HM Revenue & Customs in the UK has written to the country's top 500 companies to seek the boards' views on a dialogue with the authorities. The new initiative has been launched due to the "desire for greater engagement and discussion with businesses, particularly at board level" according to the HMRC.
    December 01 2005
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    Transfer pricing is priority tax issue for tax executives globally
    Almost half of the European and Asia-Pacific tax directors questioned for a global survey have cited transfer pricing as the most important tax issue facing their organizations. Globally, 39% of tax directors identified it as the most important tax issue.
    December 01 2005
  • OECD makes progress on tax information
    Sixty five of the countries reviewed for the OECD's Global Forum on Taxation have legal mechanisms in place that permit the exchange of information for both criminal and civil tax matters, according to a report published during the latest meeting of the forum in Melbourne in November.
    December 01 2005
  • Germany scraps tax loopholes worth €2 billion
    Germany's new government has announced the immediate abolition of tax loopholes which are worth approximately €2bn ($2.4bn) in revenue.
    December 01 2005
  • Canadian minister promises corporate tax relief
    The general corporate tax rate in Canada will be cut from 21% to 19% by 2010, Ralph Goodale, the country's minister for finance, has announced in his second Economic and Fiscal Update. The minister also revealed that corporate surtax and federal capital tax will be scrapped two years earlier than planned, in 2006. Canada is holding a general election on January 23.
    December 01 2005
  • Tax probe causes bank director's resignation
    A member of the board of the Reserve Bank of Australia, which sets the country's interest rates, has resigned after it was revealed that his companies were the subject of a A$150 million ($113 million) tax evasion probe at the time he was appointed in 2003.
    December 01 2005
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