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  • Savings directive gets go-ahead for July 1
    EU finance ministers approved the implementation of the Savings Tax Directive at a meeting of the Economic and Financial Affairs Council (Ecofin) on June 6 and June 7
    June 12 2005
  • Taxpayer victory in the Fokus Bank case
    A Norwegian court has ruled that the November 2004 ruling by the European Free Trade Association (EFTA) Court in the Fokus Bank case applies to cases up to, and including, 2004
    June 12 2005
  • Carlton Communications loses tax head to UHY Hacker Young
    Carlton Communications, which owns ITV, a television network in the UK, has lost its group tax director, Vaughan Biddell, to the UK accountancy firm UHY Hacker Young
    June 12 2005
  • Final four days for US tax reform panel input
    Interested parties have until June 10 to give their views on US tax reform proposals as part of the president's Advisory Panel on Federal Tax Reform
    June 05 2005
  • US tax directors give verdict on repatriation
    Corporate tax directors in the US are weighing up the possibility of repatriating foreign earnings after the Internal Revenue Service (IRS) issued its latest round of guidance on a JOBS Act 2004 provision that allows companies to bring funds back to the US at a reduced rate of tax
    June 05 2005
  • Software error gives BT $43 million VAT bill
    British Telecommunications (BT) is £24 million ($43 million) out of pocket after a software error caused the group to overpay its value-added tax (VAT) bill
    June 05 2005
  • Deloitte hires UK tax investigator
    Gary Brothers, a former tax investigator at HM Revenue & Customs, the UK tax authority, has joined Deloitte's Leeds office
    June 05 2005
  • French tax breaks pass EU state-aid test
    The European Commission (EC) last week approved a French scheme of tax breaks for takeovers of failing industrial firms. The EC ruled that the scheme, which gives corporate, property and trade tax deductions to companies that take over failing firms, does not constitute illegal state aid.
    June 05 2005
  • Waterschap Zeeuws Vlaanderen v Staatssecretaris van Financiën
    VAT – Capital goods acquired by a body governed by public law – Public authority – Transaction engaged in as taxable person and transaction engaged in as non-taxable person – Right to adjustment and deduction.
    June 01 2005
  • Commission of the European Communities v Council of the European Union
    Regulation (EC) No 1798/2003 – Directive 2003/93/EC – Choice of legal basis – Concept of ‘fiscal provisions’.
    June 01 2005
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