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  • Hong Kong proposes capital gains tax
    Henry Tang, Hong Kong’s finance secretary, on November 1 2004 proposed the introduction of a capital gains tax to increase tax revenues, reduce Hong Kong’s spiralling fiscal deficit and broaden the tax base
    November 14 2004
  • German update: Germany revises international tax regulations
    In May 2004, the German Federal Ministry of Finance issued an updated and revised version of the comprehensive regulations that guide the tax authorities in their application of the Foreign Transactions Tax Law (Aussensteuergesetz - AStG). The revised regulations (published in the German Federal Gazette Part I 2004, special issue 1/2004) supersede those of December 1994 and reflect subsequent legislation and high court decisions
    November 14 2004
  • UK update: Inland Revenue changes disclosure arrangements significantly
    The new UK tax disclosure rules, which oblige promoters and in some cases users of tax planning arrangements involving financial products or related to employment to notify details of the arrangements to the Inland Revenue, came into effect on September 30 2004
    November 14 2004
  • Baker & McKenzie poaches Landwell tax partner
    The French tax practice of Landwell, the PricewaterhouseCoopers-affiliated law firm, has lost a high-profile, value-added tax (VAT) partner to Baker & McKenzie
    November 14 2004
  • Optiver BV, Optrix BV, Optra BV, Robeco Obligatie Dividend Funds NV and others v Stichting Autoriteit Financiële Markten, successeur en droit de Stichting Toezicht Effectenverkeer
    Free movement of capital – Indirect taxation – Tax on the raising of capital – Directive 69/335/EEC – Scope – Securities market – Companies authorised to deal on that market – Annual levy calculated on gross profits, the aim of which is to finance the public supervisory body for the securities market.
    November 09 2004
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    Udre loses EU taxation job
    No sooner was she in than she was out. Ingrida Udre, the original nominee as the new EU commissioner for taxation and customs union has been dropped from the European Commission president Jose Manuel Barroso’s revised team
    November 07 2004
  • Haarmann Hemmelrath boosts German tax practice
    The Frankfurt tax practice of German law firm Haarmann Hemmelrath will be strengthened in January 2005 with the arrival of Joachim Krämer and Roderic Pagel, two international tax partners
    November 07 2004
  • Top executives take on more tax risk management
    Tax risk management has become a key role for senior managers, who are taking more and more direct control of their organization’s tax strategy, according to an independent survey for Ernst & Young
    November 07 2004
  • Business wants results on tax anomalies
    The leaders of the UK’s biggest companies have urged Gordon Brown, the chancellor of the exchequer, to take some “early action” to eliminate so-called “tax nothings” in the corporate tax system
    November 07 2004
  • Mexican tax specialist returns to Ernst & Young
    Koen van’t Hek, who left Ernst & Young at the beginning of July this year, has returned to the big-four firm
    November 07 2004
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