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  • The European Commission is calling for greater cooperation and exchange of information between member states to combat VAT fraud in the region
  • Davies Ward Phillips & Vineberg has hired Stephen Ruby as a senior tax partner from Canadian rival Fasken Martineau DuMoulin.
  • 1-3 years pqe Opportunity to join the tax team of one of the nicest US firms in London. Rapidly growing practice seeks dynamic, right and outgoing personalities to fit into the team-oriented culture. Full range of benefits and extraordinarily high retention rates. (£New York Rates) Ref: 12735.G Contact: Simone Templeton, Garfield Robbins
  • Denton Wilde Sapte’s commitment to central Asia is paying off as the UK firm welcomes its latest recruit: the former head of Andersen Legal’s Moscow office
  • The US securities regulator has demanded $7 million from Arthur Andersen, on account of false and misleading financial audits, and breaches of professional codes of conduct
  • The Belgian federal government may be left to bear the costs of planned cuts to corporate taxation.
  • Raising of capital – Directive 69/335/EEC – ‘Duties paid by way of fees or dues’ – Charge for entry in the commercial register.
  • The UK government has announced plans to cut the length of time the top rate of capital gains tax on the disposal of business assets burdens companies.
  • Cuts to the fees charged by the US Securities and Exchange Commission for capital markets deals will save companies and investors around $8 billion over the next five years. IFLR's Tom Nicholson reports
  • The OECD has made some progress in discussions with the US over the organization’s drive against tax evasion. After a meeting of the OECD’s Forum on Harmful Tax Practices in June, the US expressed its support for some of the proposed measures to combat tax evasion. However, the OECD may need to compromise on some of its demands to win full US support for the initiative