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  • Mayer Brown nabs Langdon from the IRS
    Larry Langdon, former commissioner of the large and mid-size business division at the IRS in the US, has joined Mayer, Brown, Rowe & Maw. Langdon will be a partner and director of the firm's global tax practice based in the Palo Alto office.
    August 31 2003
  • States deny royalty expense deductions
    Foreign corporations with subsidiaries subject to income tax in the United States have likely implemented or are likely familiar with a popular state income tax planning strategy known as the passive investment company, or PIC. Due to a recent trend in state legislation, the efficacy of certain PIC planning is at least somewhat in jeopardy.
    August 31 2003
  • magid-sep03.jpg
    Australia talks tough on compliance
    Larry Magid: The ATO is trying to encourage voluntary compliance Corporate taxpayers face increasing scrutiny from the Australian Taxation Office (ATO). The ATO's Cooperative Compliance Model encourages companies to actively engage with the ATO to ensure taxation compliance while also outlining the procedures the ATO will use and the penalties it can enforce.
    August 31 2003
  • Asia's leading tax advisers revealed
    Find out which firms provide the best tax advice, the key challenges facing tax directors and how much they spend on tax advice in Asia's leading jurisdictions
    August 31 2003
  • Kim & Chang
    KIM & CHANG
    August 31 2003
  • Clifford Chance completes Capital One securitization
    Clifford Chance has closed a €500 million ($567 million) credit card securitization for Capital One bank, based on an original programme set up in 2001
    August 03 2003
  • McDermott, Will & Emery lures tax specialist
    Alastair Wilson, who is qualified as a barrister and spent 17 years at PricewaterhouseCoopers, has joined McDermott, Will & Emery
    August 03 2003
  • Italian government publishes new tax law
    The Italian government has published a draft of the proposed new law on corporate taxation, which it expects will come into force on January 1 2004
    August 03 2003
  • UK Inland Revenue faces huge bill over taxation of dividends
    The UK Inland Revenue could be forced to repay hundreds of millions of pounds in advance corporation tax (ACT) paid against dividend payments by UK subsidiaries to their non-UK parents
    August 03 2003
  • EU demands urgent tax reforms in accession countries
    Eight out of the ten countries expecting to join the EU on May 1 2004 may have to significantly change their company tax regimes in order to comply with the principles of the Code of Conduct for business taxation
    August 03 2003
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