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  • Ferdie Schneider has joined KPMG South Africa as director in its indirect tax division and is now part of the firm's global indirect tax steering committee. Schneider was previously a tax partner of Deloitte in Cape Town specializing in VAT.
  • IAC/Interactive, an internet company, has sold its stake in Vivendi Universal Entertainment (VUE) to NBC Universal for $3.4 billion ending a $620 million dispute over taxes on IAC's preferred stock in VUE
  • Hidehiro Utsumi, a Japanese international tax and corporate law specialist, has joined Linklaters as a partner. Utsumi, formerly at Japanese law firm Nishimura & Partners, had his first day at the international law firm's Tokyo office last Tuesday
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • Gary Brothers, a former tax investigator at HM Revenue & Customs, the UK tax authority, has joined Deloitte's Leeds office