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  • Commission calls for study of VAT
    The European Commission put out a tender on August 4 for a study of the economic effects of the value-added tax exemption for financial and insurance services
    August 07 2005
  • BP's Russian oil venture faces new tax investigation
    An auditor of the Russian Audit Chamber has voiced concerns about one of TNK-BP's transfer pricing's schemes
    August 07 2005
  • Financial services fear transfer pricing scrutiny
    The financial services industry expects the UK to be the most aggressive tax authority in challenging their transfer pricing policies over the next two years
    August 07 2005
  • Mexican lawyers set up new tax boutique
    A group of Mexican lawyers have set up their own independent tax boutique
    August 07 2005
  • Haarmann Hemmelrath loses Haarmann
    Wilhelm Haarmann, a founding partner of German law firm Haarmann Hemmelrath, has decided to leave the firm after internal disagreements about its future direction
    July 31 2005
  • Deloitte loses transfer pricing leader
    Jill Weise, a former New England transfer pricing leader and firm director at Deloitte in Boston, has left the firm to join CRA International
    July 31 2005
  • Small business slams HMV's tax move
    The Forum of Private Business in the UK and HMV, a music retailer, have clashed over why the UK music retailer is setting up an e-commerce operation in the Channel Islands
    July 31 2005
  • IRS launches study of S corporation compliance
    Officials at the US Internal Revenue Service (IRS) last week announced the launch of a study to assess the reporting compliance of S corporations
    July 31 2005
  • rasinaho-mugshot-colour.jpg
    Finland reforms tax regime for foreign silent partners
    New rules confirmed on July 15 abolish capital gains tax in Finland for foreign silent partners in equity funds
    July 31 2005
  • Repatriation costs McDonald's
    The latest quarterly figures from McDonald's, the global fast food chain, show a 10% fall in net income from $590 million in the second quarter of 2004 to $530 million for the same period in 2005. The company blames the drop on the tax costs associated with the repatriation of foreign earnings, which has cost the company $3.2 billion. However the tax costs have been offset by a rise in US earnings of 7% from the previous quarter following the addition of new menu items.
    July 31 2005
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