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  • Julian Robertson-Kellie has joined Ernst & Young in London as a director in the international transfer pricing and tax-effective supply chain management group
  • Venezuela's opposition party last week held a tax protest march in Caracas. The country has been crippled by an opposition led general strike for the last six weeks. Opposition leaders are now asking individuals and companies alike to refuse to pay taxes including income and value-added tax. President Hugo Chavez has condemned this action as illegal and threatened offenders with jail terms.
  • From January 1 this year the supply of certain goods and services in Ireland has been raised to 13.5% from a previous rate of 12.5%. The goods include fuels such as electricity and oil as well as immovable goods and printed matter. Affected services include the provision of hotel and guesthouse accommodation, restaurants, cinema and theatre tickets and sports facilities.
  • Despite its public aim to boost investment and strengthen the US economy, companies may not be able to benefit from President George W Bush’s tax reform proposals announced last week
  • Telecoms company Cable & Wireless has announced that has been forced to plough £1.5 billion of its diminishing £2.2 billion cash reserves into an escrow account
  • A double tax treaty between Finland and Singapore was ratified at the end of December last year
  • A special commissioners’ decision against UK retailer Marks & Spencer may have delayed companies fighting for equal treatment for losses incurred throughout the EU but the battle is not over yet.
  • A special report by Florian Schultz and Axel Mielke, Linklaters Oppenhoff & Rädler, Frankfurt
  • A special report by Ralph Korf, PricewaterhouseCoopers, Munich
  • A special report by Michael Hundebeck and Hans-Georg Berg, Haarmann Hemmelrath, Frankfurt