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  • Russian and Israeli tax officials are uniting to fight tax evasion.
  • The Internal Revenue Service’s fight against tax shelters suffered a blow on December 28 when a federal court of appeal ruled against both the IRS and the Tax Court in favour of Compaq Computers
  • A discussion paper published last month is calling for reform to Australia’s international tax regime to help domestic businesses grow internationally
  • A new directive published last week by the Israeli Income Tax Authority aims to boost the venture capital fund industry by increasing foreign investment
  • Russia lacks both the experience and the relevant information to put in place a truly effective transfer pricing regime, but the will is there. By Victor Matchekhin of Linklaters, Moscow
  • For the past two years, the results of International Tax Review’s Latin America survey have yielded few surprises, with little movement in the ranking of firms. However, as this year’s results show, the dynamics could be changing. Find out why. By Sharon Cunningham
  • A bundle of new tax acts that significantly alter the German tax system has passed into legislation. As part of the continuing tax reform, the legislator has changed the taxation of foreign executives of German companies. By Harald Herrmann and Maral Rösner of Clifford Chance Pünder, Frankfurt am Main
  • US importers have traditionally met with little success when challenging unfavourable rulings by the US Customsauthorities. The decision in Mead represents an important challenge to this state of affairs. By Damon Pike and Giovanni DiCenso, of Deloitte & Touche, Atlanta and Washington DC
  • Foreign companies are to be offered wide-ranging tax breaks to persuade them to establish regional headquarters in Thailand
  • US firm Shaw Pittman is advising UK tax agency the Inland Revenue on its outsourcing tender