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  • Burt Rosen, a senior tax partner at Debevoise & Plimpton, the US law firm, has been appointed head of the tax department. Rosen specializes in M&A and the tax aspects of capital markets transactions. He replaced Bruce Haims, who stepped down to devote more time to his clients, on January 10 2005.
  • The last year was notable for significant corporate tax reform in the US and Australia; judgments of the European Court of Justice continuing to dominate the discussion on the future of EU national tax systems and an increasing focus on tax avoidance from tax authorities around the world
  • On November 27 2004 the Italian government amended the proposed Finance Act 2005, by inserting significant changes to individual income tax (IRE) and proposing minor changes to the regional tax on productive activities (IRAP)
  • Enrique Rayon, a transfer-pricing economist and former senior manager at Deloitte, has moved to Ceteris, the independent transfer-pricing boutique
  • Berkowitz Dick Pollack & Brant (BDPB), a second-tier public accounting firm with two offices in the US state of Florida, expanded its international tax practice on January 3 2005 with the hire of Cary Cabañas, a former KPMG international tax senior manager
  • Darrin Litsky, a senior US transfer-pricing specialist, has become the latest in a string of high-profile hires for Baker & McKenzie
  • The UK Inland Revenue’s interpretation of the decision in the case of Mansworth v Jelley (2003, STC 53) caused much debate in 2003 in the UK as the Inland Revenue surprisingly accepted the decision, even though it was against them, rather than appealing further
  • The Advocate General has given an opinion in a case known as “D” that certian wealth tax relief in the Netherlands is contrary to EC law as it was only available to Dutch residents or under certain double tax treaty provisions
  • European life sciences companies can use tax-effective supply chain management (TESCM) to save significant amounts of money
  • One of Singapore’s leading tax litigators has decided to close his own firm and move to one of the city-state’s biggest corporate and financial law firms