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  • Senator Helen Coonan, Australia's minister for revenue and assistant treasurer, announced on March 1 2004 that the government will introduce legislation to change the interest withholding tax (IWT) exemptions for payments relating to offshore borrowing.
  • By Ken Kies, Big Ticket Leasing Coalition
  • Toronto
  • Calgary
  • 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.