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  • The end is in sight for professional services firms waiting for the US Securities & Exchange Commission’s (SEC) final guidance on auditor independence
  • Ernst & Young has boosted its China tax practice with the addition of five partners in the last month alone and intends to triple its tax group in the next three years
  • Canadian firm Osler Hoskin & Harcourt has hired a litigator for its tax group. Al Meghji has joined the firm from Donahue and works in both the Toronto and the Calgary offices. Meghji has been voted one of the country's leading tax litigators and has acted as counsel for big corporations as well as the Crown in the tax court, the federal court of appeal and the supreme court of Canada. Meghji is also a trained accountant. His recruitment fills a gap in Osler's tax litigation department.
  • Texas-based Fulbright & Jaworski announced the election of Stephen Pfeiffer as its new chairman last week.
  • As the battle for UK supermarket chain Safeway hots up, the UK’s magic circle firms are the winners so far with three of the five firms involved
  • The European Commission has referred Spain to the European Court of Justice (ECJ) over its discriminatory capital gains tax regime
  • US firm Pepper Hamilton has boosted its tax group with a former principal from KPMG
  • Sixth VAT Directive – Reduction coupons issued by a manufacturer – Taxable amount in the hands of the retailer.
  • Sixth VAT Directive – Exemptions – Letting of immovable property – Prefabricated building which can be dismantled and reassembled.
  • Julian Robertson-Kellie has joined Ernst & Young in London as a director in the international transfer pricing and tax-effective supply chain management group