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As the UK High Court is about to give details of its referral of a thin-capitalization group litigation order to the European Court of Justice (ECJ), Philip Martin, formerly deputy head of tax at retailer Marks & Spencer, has abruptly left Dorsey & Whitney, the US law firm handling the order for claimants including Pepsi, Volvo and a subsidiary of Caterpillar.

The European Commission has published a proposal to simplify value-added tax (VAT) compliance for cross-border traders throughout the EU.

The Capitol, Washington, DC After campaigning on tax reform as a priority for his second term and winning greater majorities in the both the House of Representatives and the Senate, President George W Bush looks well-placed to further advance his tax reform agenda, which could include a new federal consumption tax.

The Royal Dutch/Shell group's share-swap merger of its twin holding companies has required the Dutch tax authorities to approve a unique dividend access mechanism so that shareholders in the UK and in the Netherlands retain their present entitlements.

Two decisions from the House of Lords, the UK's highest court, have failed to give definitive guidance on tax avoidance in the UK. In the Scottish Provident case, which the Inland Revenue won, the law lords ruled on November 25 2004 that a court may need to consider a series of transactions when applying a tax law. But in a separate ruling on the same day, the Inland Revenue lost a verdict to Barclays Mercantile which confirmed that business purpose may not be necessary to enjoy a tax benefit. See the February 2005 issue for full-length feature.

By Phil Morrison & Bill Dodge, Deloitte Tax LLP, Washington, DC

Paseo de la Reforma 265

The re-election of the coalition government has buoyed the business community with heightened expectation of further tax reforms. High on the wish list is completion of the present round of business tax reforms and a government commitment to personal tax reform.

Better tax planning from better-qualified advisers is one of the key ways tax services need to improve in Latin America. Sed Crest uncovers what else tax executives have on their minds

Companies have a one-year window under the American Jobs Creation Act to repatriate profits to the US. Robert O'Shea and Caitriona McGonagle of Matheson Ormsby Prentice explain the best ways for companies in Ireland