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  • The UK is facing court action from the European Commission over its rules on VAT
  • McDermott, Will & Emery is expanding its London-based tax team to four partners after hiring the vice-president of tax affairs from European telecoms company Carrier1
  • Merger discussions between KPMG and Andersen could be jeopardized by the announcement that the China and Hong Kong practices have decided to join PricewaterhouseCoopers instead
  • Sweden’s Economic Crimes Bureau is investigating Ericsson to see if the mobile phone handset-maker has misled the country’s tax authorities
  • Belize has signed up to the OECD's initiative on harmful tax practices by committing to improve transparency and establish an effective regime for exchanging tax information by the end of 2005.
  • Sixth VAT Directive – Article 13A(2)(a), second indent – Exempt transactions – Bodies managed and administered on a voluntary basis.
  • Sixth VAT Directive – Article 13A(1)(m) – Exempt transactions – Services connected with the practice of sport – Non-profit-making organisation.
  • Article 104(3) of the Rules of Procedure – Raising of capital – Directive 69/335/EEC – Charges for the drawing up of a notarially attested act recording the formation of a capital company.
  • Failure by a member state to fulfil its obligations – Directive 69/335/EEC – Indirect taxes on the raising of capital – Special charges imposed on the formation of public and private limited liability companies, on the publication and alteration of their statutes and on the increase in their capital.
  • Senior partners at Andersen Legal and KLegal are backing proposals to merge their practices, following talks between Andersen and KPMG to merge their businesses worldwide except in the United States