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  • More tax havens sign up to OECD initiative
    Gibraltar and the US Virgin Islands have committed to the OECD’s initiative on harmful tax practices, it was announced this week.
    March 17 2002
  • EC president calls for tax harmonization debate
    Romano Prodi, president of the European Commission, has called for greater coordination of member states’ rules on budgets and tax policies
    March 17 2002
  • SEC relieves pressure on Andersen clients
    The Securities and Exchange Commission has given welcome relief to concerned clients of professional services firm Andersen by agreeing to accept audits carried out by Andersen in spite of the company’s indictment over the Enron bankruptcy
    March 17 2002
  • US stock-option reforms could harm employees, say opponents
    Proposals by US senators Levin and McCain for changes to stock-option accounting have angered critics who say the changes would harm company employees
    March 15 2002
  • European Commission warns over accounting standards
    The European Commission has warned the International Accounting Standards Board over its plans for stock option accounting
    March 10 2002
  • More tax havens commit to OECD initiative
    The OECD has announced five more tax havens that have joined the organization’s initiative on harmful tax practices, but the treatment of low-tax regimes within the OECD’s own membership is proving to be a sticking point in negotiations
    March 10 2002
  • US hands out high-tech tax breaks
    The US House of Representatives has passed legislation giving IT tax breaks to businesses
    March 10 2002
  • SEC appoints chief accountant
    The US Securities and Exchange Commission has appointed Carol Stacey as the regulator's chief accountant of the Division of Corporation Finance.
    March 10 2002
  • Fenwick loses senior tax team to McDermott
    Silicon Valley firm Fenwick & West is losing four senior members of its tax practice to McDermott, Will & Emery in Silicon Valley
    March 10 2002
  • Commission v Finland
    Failure by a member state to fulfil its obligations – Sixth VAT Directive, Articles 2 and 28(3)(b) and point 2 of Annex F – Act of Accession of the Republic of Finland – Exemption for the services supplied by authors, artists and performers of works of art – Derogating provisions.
    March 07 2002
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