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  • cullen-may04.jpg
    Media companies reveal tax priorities
    Sed Crest speaks to tax executives at multinational media companies, and their advisers, discovering their tax objectives and how they achieve them
    April 30 2004
  • Bush and Kerry representatives debate tax policy
    Key advisers to the John Kerry and George Bush presidential campaigns debated tax policy at a conference in Washington DC on April 23 2004. Pamela Olson, former assistant secretary of the Treasury for tax policy, represented the Bush campaign while Gene Sperling, former national economic adviser to President Clinton, represented Kerry.
    April 30 2004
  • Tax specialist at the US Treasury returns to private practice
    Sutherland Asbill & Brennan announced the return of Ann Cammack to their tax group on April 15 2004. Cammack rejoined the firm following a stint as an attorney adviser in the office of tax policy at the US Treasury. She will focus her practice on the taxation of insurance companies and insurance products from the firm's Washington DC office.
    April 30 2004
  • Pillsbury Winthrop expands west coast tax practice
    Timothy Burns, a tax lawyer specializing in partnership and private equity matters, has rejoined the San Francisco office of Pillsbury Winthrop as a partner. Burns left the firm in 2002 to join Lombard Investments, a private equity management company.
    April 30 2004
  • Roschier Holmberg aligns with Baltic law firms
    Finland's largest law firm, Roschier Holmberg, has formed an alliance with law firms from Estonia, Latvia and Lithuania in time for those countries' accession to the EU on May 1 2004. Raidla & Partners, Lejins Torgans & Vonsovics and Norcous & Partners, all of which have tax practices to compliment Roschier Holmberg's eight-strong tax team, agreed to the alliance on April 4 2004.
    April 30 2004
  • Singapore gives tax breaks to law and accounting firms
    The government of Singapore has extended tax breaks to all Singapore-based audit, accounting, and legal firms to strengthen the country's position as an international hub for headquarters operations and to encourage professional service firms that are structured as partnerships to expand their activities.
    April 30 2004
  • stack-may04.jpg
    Law firm merger creates new tax practice
    Robert Stack: The combination broadens our reach Wilmer Cutler Pickering and Hale and Dorr will combine on May 31 2004 to create one of the largest law firms in the US. The new tax practice will have a total of 16 partners and over 30 lawyers.
    April 30 2004
  • glenn-may04.jpg
    Baker & McKenzie strengthens US transfer pricing team
    Two more economists have moved from the big four to a legal practice in the US, adding to the movement in the transfer pricing services market there. In April, Baker & McKenzie hired Donna McComber from Ernst & Young for its San Francisco/Palo Alto office and Thomas Respess left PricewaterhouseCoopers to join the law firm's Washington DC office.
    April 30 2004
  • IRS releases APA programme annual report
    The Internal Revenue Service (IRS) has released its annual report on the US advance pricing agreement (APA) programme covering calendar year 2003 (See Announcement 2004-36). This is the fifth such report and like its predecessors, contains a wealth of detail on US APAs and the IRS approach to transfer pricing.
    April 30 2004
  • Guidance on abusive foreign tax credit structures
    In Notice 2004-19, the Treasury Department and the IRS abandoned proposals announced in Notice 98-5 (1998-1 C.B. 334), to require foreign tax credit planning structures to satisfy a broadly worded economic-profit test and, instead, announced various specific steps to combat abusive foreign tax credit planning. In the companion Notice 2004-20, a "foreign tax credit intermediary transaction" is rejected under existing rules.
    April 30 2004
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