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Three US tax groups are urging the government to recognize the growing need for tax simaplification. The American Bar Association (ABA) tax section, the American Institute of Certified Public Accountants, and the Tax Executives Institute have praised legislation introduced by the Republican senator Rob Portman as a significant step forward. The legislation includes repealing the alternative minimum tax and simplifying the taxation of capital gains.

A report by the US Treasury Department proposes attacking corporate inversions through stricter enforcement of the earnings stripping rules. By Isaac Grossman and Victoria Litz, Clifford Chance Rogers & Wells LLP, New York

Speculation on the future of accounting continues to grow in the wake of a spate of accounting scandals. With the embattled Andersen's reputation further damaged by the WorldCom accounting fraud, and companies including Xerox being cast into doubt there's increasing pressure to restore confidence in the industry.

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Ernest Mazansky, (standing) and team, Werksmans South African law firm Werksmans has boosted its tax group with three lateral hires including the former national chairman of Grant Thornton Kessel Feinstein in South Africa.

On May 3 2002, rulings were given in two important plenary cases concerning Norway's penalty tax. The court found that the use of enhanced additional tax (45% or 60% of the assessed tax), and at the same time punishment imposed under the Norwegian criminal law, was a breach of Protocol 7, article 4 of the European Convention on Human Rights (ECHR), and the rules governing double penalty. In one case, the additional tax was imposed before the court sentence was delivered in the criminal case. In the other case the two punitive decisions were applied in reverse order.