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  • US treasury announces inversion transaction regulations
    The US treasury department has issued temporary regulations forcing companies to inform the Inland Revenue Service and their shareholders when they move their headquarters offshore or are bought by a foreign company
    November 17 2002
  • Criminal proceedings against M Hoffmann
    Interpretation of Article 13A(1)(n) of the Sixth Council Directive 77/388/EEC on harmonisation of member state laws on turnover taxes – Common system of valued added tax: uniform basis of assessment – ‘Other cultural bodies’ recognised by the member state concerned – Soloist (included thereunder?) – ‘Activities in the public interest’ – Concert with primarily commercial aims (included thereunder?).
    November 14 2002
  • Ernst & Young cautions on UK corporate tax
    Professional services firm Ernst & Young has cautioned against the UK government rushing into corporate tax reform
    November 10 2002
  • Shearman & Sterling advises Deutsche Bank on tax deal
    Shearman & Sterling advises Deutsche Bank on tax deal Sunday, 10-Nov-02 00:00:00 GMT NewsInBrief 11437 Shearman & Sterling has represented Deutsche bank on the sale of parts of its Global Securities Services business to State Street. State Street will pay up to $1.5 billion in cash or a combination of cash and stock for the business though the price is subject to adjustment.
    November 10 2002
  • Accounting oversight board in chaos as Pitt stands down
    Controversy over the selection process for the new public oversight panel in the US caused the Chairman of the Securities and Exchange Commission (SEC), Harvey Pitt, to resign on November 5 2002
    November 10 2002
  • KPMG sets up Canada tax centre
    KPMG has created a Canadian tax centre of excellence in its New York office
    November 10 2002
  • BFL loses tax lawyers to Bredin Prat
    CMS Bureau Francis Léfèbvre (BFL) has been hit by the departure of a group of six tax lawyers led by Renaud Streichenberger
    November 10 2002
  • Italy faces ECJ for VAT infringement
    The European Commission is putting Italy before the European Courts of Justice for delaying the return of VAT
    November 10 2002
  • Sullivan & Cromwell works on Cablevision demerger
    US law firm Sullivan & Cromwell has advised Cablevision Systems on the sale of its Bravo programming service to NBC
    November 10 2002
  • Savings tax directive stumbles over Switzerland
    The European Union is no closer to ending its dispute with the Swiss over tax on the savings of EU residents
    November 10 2002
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