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  • Greece has revamped its corporate tax system. Panagiotis Zafeiropoulos of Deloitte & Touche explains what it will mean for companies operating in the country
  • President Bush's US 2004 Budget contains a number of revenue-raising provisions aimed at earnings stripping, tax shelters and executive compensation. Christine Halphen, Oscar Teunissen, Steve Nauheim, Linden Smith and Larry Skor of PricewaterhouseCoopers explain what to look out for
  • Rupert Murdoch is making sure that News Corporation's $6.6 billion acquisition of Hughes Electronics and its DirecTV satellite operation from General Motors is squeaky clean.
  • The Securities and Exchange Commission (SEC) has selected William McDonough as its nominee to be the new chairperson for the Public Company Accounting Oversight Board (PCAOB). The PCAOB was set up as part of the Sarbanes Oxley Act. McDonough is the president of the Federal Reserve Bank of New York.
  • Orrick Herrington & Sutcliffe has opened an office in Milan with 23 lawyers from Ernst & Young's 280-lawyer Italian legal arm, Studio Legale Tributario. The former national director of legal services and anti-trust and regulatory law at Studio Legal Tributario, Alessandro De Nicola, will lead the Milan office. Clients of the lawyers include Italian power company ENEL, Vivendi, Universal Music Italy and Italian insurance company RAS Italia.
  • Ernst & Young has lured the former global investment management tax leader from big-four rival PricewaterhouseCoopers. Lynne Ed is joining the firm in London on July 1 and will be an international tax partner in Ernst & Young's investment management practice. Ed has spent 23 years at PricewaterhouseCoopers and specializes in the tax implications of fund products including offshore investment funds and limited partnerships.
  • Margie Rollingson, David Benson and Peg O'Connor of Ernst & Young analyze the Dow decision involving business purpose and corporate-owned life insurance where the court found in favour of the taxpayer
  • Craig James - Integral Energy, Mark Tafft - Ernst & Young and Steve Vesperman - ATO:
  • Watson, Farley & Williams has hired a senior associate from Allen & Overy for its New York tax group. Patricia Iandoli has joined the firm's international tax group as a partner. Iandoli specializes in asset finance tax work.
  • PricewaterhouseCoopers has hired Lindy Paull, the former chief of staff of the Congressional Joint Committee on Taxation as co-managing partner of its Washington national tax services practice. Paull joined the firm on May 1 2003 and will work with co-leader Robert Morris. Paull spent 17 years working in Congress, and before working at the Joint Committee on Taxation held positions with the Republican staff of the Senate Finance Committee.