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  • The federal US tax authorities have increased the amount of corporate tax collected by more than 40%. The US government released figures last week that show overall tax revenues were also up by almost 15%.
  • A review of their double tax agreement was a feature of the recent economic cooperation pact between India and Singapore. The amended agreement offers some planning opportunities, explain Srinivasa Rao and Rajendra Nayak of Ernst & Young
  • New Zealand's 2005 Budget did not fulfil expectations for tax. As a result, the government's tax plan could be the difference between it winning and losing the forthcoming general election, explains Thomas Pippos of Deloitte
  • Kioicho Building,
  • Nick DeNovio: will join Latham & Watkins'
  • A group of Mexican lawyers, all former colleagues at the full-service law firm of Ortiz, Sainz y Erreguerena, have set up their own independent tax boutique.
  • Transfer Pricing Associates, an international boutique headquartered the Netherlands, has set up operations in the US, France, Germany, Japan, Switzerland, Australasia and South Africa.
  • Jill Weise, a former New England transfer pricing leader and firm director at Deloitte in Boston, has left the firm to join CRA International.
  • The IRS has issued an audit checklist to guide IRS examiners when they audit cost-sharing arrangements (CSA). The audit checklist contains a detailed list of documents that IRS examiners should request on audit and provides extensive instructions on how examiners should approach common audit issues, such as the valuation of buy-ins and the treatment of stock options.