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  • By Frederick Barrett and Agustín Mercado, PricewaterhouseCoopers, Mexico City
  • Directive 69/335/EEC – Indirect taxes on the raising of capital – Notary’s charges – Notary employed as a civil servant – Payment to the State of a fixed portion of the charges.
  • Article 43 EC – Right of establishment – Articles 82 EC and 86 EC – Free competition – Abuse of dominant position – Article 87 EC – State aid – National rules granting certain organisations exclusive power to provide specified types of tax advice and assistance to employees and small undertakings in declaring income tax.
  • Deloitte & Touche Tax Technologies, part of the international professional services firm Deloitte, has launched the CORPTAX ETS Visual Org System, its latest piece of high-tech international tax software
  • Last Thursday Treasury and the Inland Revenue Service (IRS) made available the draft version of the 2005 schedule M-3, which deals with income and loss reconciliation for companies with assets over $10 million. They also released instructions for form 1120, the US corporate income tax return. For more information click here.
  • The tax director of one of Denmark's most famous multinational companies has labelled the country's new domestic transfer pricing regime, which requires affiliated companies to document domestic transactions for tax purposes, "foolish and unnecessary"
  • BHP Billiton has said it will "vigorously defend" its position against a tax demand for almost A$1 billion issued by the Australian Taxation Office (ATO) to one its subsidiaries
  • Haarmann Hemmelrath has bolstered its international tax practice by hiring a new partner in Paris
  • This Friday the EY Law Russian and CIS practices will combine with international law firm DLA Piper Rudnick Gray Cary to form one of the largest legal practices in the region
  • Deloitte announced today that it has hired Sue Holmes, a former tax inspector at the UK Inland Revenue, to lead its London tax risk and resolution practice