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  • James Malone, formerly president and general counsel at New Power Holdings, has joined Winston & Strawn. Malone, formerly a senior partner at McDermott, Will & Emery and chairman of its tax controversy practice, began working as a tax partner at the firm's New York and Chicago offices on February 12 2004.
  • The International Fiscal Association (IFA) has elected Steven Hannes, a tax partner at McDermott, Will & Emery in Washington, DC, as executive vice president of the US branch. Hannes' term will last until February 2006, at which point he will, under IFA by-laws, become president of the US branch until February 2008.
  • Suelthaus & Walsh lost Brenda Talent, a tax lawyer specializing in tax controversy, to Bryan Cave on March 19 2004. As counsel in the firm's St. Louis office, Talent is a member of the tax advice and controversy client service group. She was at Bryan Cave from 1985 to 1994, first as an associate and then as a partner.
  • Ceteris, the transfer pricing boutique, has hired another transfer pricing economist from Ernst & Young in the US. David Reichow joined the firm as a vice president on March 22 2004. Reichow joins former Ernst & Young colleagues Sherif Assef and Michael Heimert. Heimert set up Ceteris in August 2003 to provide an alternative to the big four accounting firms' transfer pricing practices.
  • Philip Martin: wants to roll his sleeves up Philip Martin, deputy head of tax at UK retail group Marks & Spencer, left the company to join Dorsey & Whitney's growing litigation team in London in February 2004.
  • The big-four accounting firm KPMG has continued the restructuring of its international tax practice with the appointment of a new head of tax for Europe, Middle East and Africa, its largest operating region. Loughlin Hickey, head of tax for KPMG in the UK, was appointed to the role on March 3 2004.
  • UK retailer Marks & Spencer will appoint Eileen Haughey, now a partner with Deloitte & Touche in London, as its new head of tax on June 1 2004.
  • Any company considering the adoption of international financial reporting standards (IFRS) will need to consider the tax implications of such a move. In the UK, the main tax area likely to be affected is financial instruments.
  • On February 16 2004 the federal tax administration made available to the public on their official website a draft circular letter, which reflects its interpretation of the Swiss merger law provisions.
  • The Italian tax authorities (ITA) have issued a new ruling (Number 2 of February 24 2004) in connection with the application of the general anti-elusive provision set forth by article 37-bis of Presidential Decree 600 of September 29 1973 (article 37) to a demerger (which is a neutral transaction for tax purposes).