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  • India looks at simplifying tax system
    According to reports in the Indian press, the country's finance minister has disclosed that the government wants to simplify the tax system. Another aim is to pay more attention to the interaction between tax officers and taxpayers.
    December 15 2002
  • PwC reassesses audit clients
    PricewaterhouseCoopers may drop audit clients unwilling to pay higher audit fees
    December 15 2002
  • Australia courts venture capital investment
    The Australian venture capital industry has been given a boost by tax reform measures passed last week
    December 15 2002
  • OECD wary of German reform
    The OECD has warned Germany against further tax rises, claiming that such increases may weaken the country's growth. The organization revealed that while it thought Germany's budget deficit would meet the EU's stability and growth pact requirements by 2004, using revenue increases to reduce the deficit could actually slow growth.
    December 15 2002
  • EU savings package fails
    The European Commission has failed to agree on its controversial Savings Tax Directive by its end of year deadline
    December 15 2002
  • New Asia Pacific tax leader for Deloitte
    Deloitte Touche Tohmatsu has named Tracey Edwards as the firm's new regional tax manger for the Asia Pacific region. Edwards, who will be based in Hong Kong, is taking over from Jim Orr as regional tax managing partner. She was previously working as the deputy national managing partner of strategy and innovation for the US tax practice.
    December 15 2002
  • Allen & Overy hires asset finance tax lawyer
    Allen & Overy has boosted its tax practice with a lateral hire
    December 15 2002
  • Foreign fund fury at German capital gains reform
    The German government has incurred the wrath of foreign fund managers furious at proposed tax reform measures, which they believe discriminate against the fund industry in general in Germany and foreign funds
    December 14 2002
  • US Treasury outlines tax objectives
    The US Treasury assistant secretary for tax policy last week called for a detailed study of the country’s tax rules
    December 14 2002
  • UK to overhaul pension tax
    The UK government has released a green paper on measures to simplify the pension system
    December 14 2002
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