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Sixth VAT Directive; Exempt transactions; Meaning of public postal services; Universal service; Principle of fiscal neutrality.

A tax dispute between global pharmaceutical firm, AstraZeneca, and HM Revenues and Customs (HMRC) has been deferred until April 2010, with the outcome of the case expected to have an impact on multinationals and their transfer pricing regimes.

Taxpayers, officials and practitioners can contribute to the debate on business restructuring at a conference in London on February 13, six days before the closing date for comments on the OECD's discussion draft.

In another setback to the European Commission's campaign to introduce a harmonised corporate tax base across the EU, the Czech Republic has said that plans for the initiative will not progress during its six-month presidency.

An informal consultative group set up by the OECD has made a series of recommendations to overcome the legal and administrative barriers that stop the benefits of tax treaties from being effectively granted to collective investment vehicles (CIVs).

Kazakhstan has slashed its corporate income tax rate by 10 percentage points to 20% as part of a new tax code, which took effect on January 1.

US law firm Thompson Hine has elected Gregory Gawlik as a partner in the tax practice of the firm's Cleveland office. Gawlik focuses his practice on federal and state tax controversies. He has represented clients in IRS audits and administrative appeals, and has experience obtaining rulings from the IRS National Office. Gawlik also advises clients on corporate mergers and acquisitions and partnership tax issues.

The UK tax administration issued draft legislation on January 6 in a bid to encourage investment in the North Sea.

President-elect Barack Obama is working on an economic stimulus package that will include hundreds of billions of dollars worth of tax breaks for businesses, according to a transition official and Democratic aides.

China's tax revenue rose by 20.2% year-on-year to Rmb5.2 trillion ($760 million) over the first 11 months of 2008.