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  • Australia is changing its laws on the confidentially of taxpayer information.
  • Mr Justice Warren has been appointed president of the Finance and Tax Chamber at the higher appeals level of the newly reformed tribunals system in the UK. The regime is the first rung of judicial proceedings in Britain in areas such as tax, and consists of a First Tier and an Upper Tribunal, which the Finance and Tax Chamber is part of.
  • Richard Winston is joining K&L Gates as a partner in its Miami office. He joins from Hughes Hubbard & Reed and advises multinational clients on tax planning in Latin America. He also works for US multinational corporations on foreign tax credit planning, tax treaty analysis, tax deferral techniques, withholding tax obligations, "choice of entity" decisions, repatriation issues, transfer pricing issues and intellectual property development.
  • Chile has made an important adjustment to the rate on stamp tax affecting loans. The tax is charged on credit, on documents that contain a loan. During 2009 the tax which is usually 1.2% of the equity in the loan will be 0%. During the first half of 2010, the rate will be 0.6%.
  • Azerbaijan will reduce its VAT rate by one percentage point to 17% next year.
  • Darren Mellor-Clark has quit UBS to join KPMG. He was head of VAT at the bank and starts his new role on April 20.
  • Alternative investment funds need to focus on structuring of Russian investment, explain PricewaterhouseCoopers in New York and Moscow
  • Recent changes to Ireland's R&D tax credit rules are part of a deliberate plan to sustain a tax-friendly economy, explains Eamonn O'Dea of the Revenue Commissioners
  • Nélio Weiss Philippe Jeffrey Decree 6.761/2009 was published in the official gazette on February 6 2009, with the objective to consolidate existing provisions concerning reduction of the withholding income tax (to 0%) on amounts paid or credited to beneficiaries resident or domiciled abroad, relating to the following:
  • Clemens Hasenauer Johannes Prinz The Austrian ministry of finance has recently issued new guidelines on the tax treatment of securities lending and repo transactions.
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