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  • The EU's newest members have reacted angrily to criticism from Nicolas Sarkozy, France's finance minister, that their low corporate tax rates are unfair. Sarkozy has claimed that the EU's 10 new members' states low corporate taxes are unfairly drawing jobs and investment away from older EU members.
  • Hungary's favourable tax regime for offshore companies ends in 2005. But the country's tax system will still be attractive to international business, believe Jacques de Servigny and Orsolya Bárdosi of Gide Loyrette Nouel
  • George Gillham, a former inspector of taxes with the UK Inland Revenue, joined the law firm Dorsey & Whitney on September 6 2004. Gillham will work with Philip Martin, a high-profile tax litigator and former tax director at the retail company Marks & Spencer.
  • By Peter Cussons, international corporate tax partner, PricewaterhouseCoopers, London
  • Companies seeking tax advice from chartered accountants in New Zealand will get greater privacy after the country's finance ministry announced new rules to level the playing field between accountants and lawyers.
  • The German tax practice of US law firm White & Case hired Christoph Schröder, formerly a member of Commerzbank's corporate finance team, on September 15 2004. As a partner at White & Case, Schröder will advise on tax issues relating to capital markets products and company succession planning.
  • Adam Craig of Deloitte in London analyzes the potential and progress-to-date of harmonizing corporate taxes in Europe
  • Domestic companies are now subject to thin-capitalization rules in Germany. Taxpayers should examine each structure before deciding whether to take steps to comply with the changes, urge Ralph Dautel, Jochen Murach and Alexander Pupeter of P+P Pöllath + Partners
  • The PIS and COFINS taxes have been extended to include the importation of goods and services. Taxpayers need a detailed knowledge of where the new charges apply, warns Roberto Haddad of Branco Consultores
  • Donald Korb: Handling transfer pricing