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Janne Juusela The government has introduced a bill to double the maximum amount of depreciation allowances concerning the acquisition costs for fiscal years 2009 and 2010 arising from the introduction of new buildings, devices and equipment on production activities in 2009 and 2010.

Law firm Allen & Overy has promoted Patrick Mischo to tax partner.

The VAT system in the EU is changing on January 1. The most significant development means that the place of supply of services changes from where the supplier is resident to where the service is received. Advisers from seven jurisdictions, including Norway and Switzerland which are not in the EU, discuss what the changes mean

The White House has been forced to deny that pressure from businesses has forced them to shelve plans to reform international tax rules in the US

Tax avoidance was the obvious target as governments from across the world sought blame for the world's financial woes, says a leading tax professional.

Tax policies around the world unintentionally fuelled the global financial downturn by encouraging companies to utilise debt rather than equity, says a policy paper from a global accountancy body

Nearly half of UK taxpayers have made no attempt to comply with new senior accounting officer sign-off rules, says a survey by a leading accountancy firm.

The big-four accountancy firms are part of the body that will advise on the design and review of Australia's tax system

Indirect taxation; Raising of capital; Levying of a duty of 1.5% on the transfer or issue of shares into a clearance service.

Ashland, a Fortune 500 chemical company, has appointed Scott Gregg as vice president, tax. He will have oversight responsibility for global taxation, including income tax compliance and controversy management, tax strategy and planning, sales and use tax, property tax and income tax accounting.