Search results for

Two decisions from the House of Lords, the UK’s highest court, have reinforced past verdicts on tax avoidance in the UK

Michael Durst, formerly of the US law firm King & Spalding, has rejoined PricewaterhouseCoopers’ transfer-pricing practice

William Chip, an international tax and transfer-pricing specialist, has left the big-four firm Deloitte to join Covington & Burling, the Washington, DC law firm

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. The taxpayer, D, a German resident, was denied from the relief as he was not a Dutch resident. The tax treaty between Germany and the Netherlands did not include an entitlement to the relief, whereas the Netherlands' treaty with Belgium did allow the relief to Belgian residents.

Comprehensive tax reform is set to transform how companies calculate how much they owe. Among the many changes is a cut in the tax rate, explain Manuel Solano, Federico Aguilar, Alberto Lopez and Terri Grosselin of Ernst & Young

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.