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  • Preliminary ruling – Vestre Landsret – Interpretation of Articles 11.A(1)(a), 13.B(c) and 26a.A(e) of Sixth Council Directive 77/388/EEC on the harmonisation of member state laws relating to turnover taxes – Common system of value added tax: uniform basis of assessment – Tax on the resale of motor cars purchased second‑hand and without tax by a leasing company from individuals for the purpose of leasing them out (sale and leaseback).
  • Sixth VAT Directive – Deduction of input tax– Adjustment – Capital goods – Immovable property.
  • Sixth VAT Directive – Place of taxable transactions – Supplies of goods effected on board cruise ships – Transport effected within the Community – Exclusion of tax where a stop is made in a third territory – Scope of the exclusion.
  • Sixth VAT Directive – Exemptions – Article 13A(1)(b) –– Activities closely related to hospital and medical care – Supply of telephone services and a television set to the in-patient – Supply of meals and a bed to persons accompanying the in-patient.
  • KPMG has made two senior management appointments in its tax services division as it bids to recover from a US Department of Justice investigation into tax-shelter sales.
  • Deloitte is growing its Asian network
  • Certain services associated with the management of investment funds should be VAT-free, according to an advocate-general of the European Court of Justice
  • Buy-in payments are the focus of proposed US cost sharing regulations.
  • The EU Council of Minister will now consider a one-stop shop VAT scheme after it was approved by the European Parliament on September 6.
  • The publication of the report of the panel advising President Bush on federal tax reform may have to be postponed