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  • William Wilkins, President Obama's nominee as chief counsel of the Internal Revenue Service and an assistant general counsel in the Department of the Treasury, has been a partner in the tax group of the Wilmer Cutler Pickering Hale and Dorr law firm since 1988. He chairs the tax section of the American Bar Association and would succeed Don Korb, who joined Sullivan & Cromwell in January, as chief counsel.
  • Faludi Wolf Theiss has launched a tax practice in Hungary and has hired Balázs Békés as the partner to run it. He comes from Deloitte, where he was leader of the international tax group for Russia and the Commonwealth of Independent States. Previously he worked for the big-four firm in Vienna, London, Paris and New York, and was a member of the cabinet of Laszlo Kovacs, the European commissioner for taxation and customs union.
  • Ernst & Young has appointed Aleksey Kondrashov, a Moscow based tax partner, as global oil and gas tax leader with immediate effect.
  • Diane Hay has been appointed international tax special adviser at PricewaterhouseCoopers in the UK.
  • The US Treasury department yesterday issued an extensive general explanation of the tax relief and revenue-raising proposals included in the Administration's FY2010 budget. The publication, known as the green book, gives further details of business tax increase proposals, including the proposals affecting deferral, foreign tax credits, check-the-box, and LIFO repeal.
  • Australia has simplified its controlled foreign company rules in a bid to improve the country's foreign income attribution regime.
  • The European Commission has threatened to take Latvia and Poland to the European Court of Justice over irregularities in their respective tax systems.
  • The European Court of Justice has ruled that Greek rules on inbound and outbound dividends violate European law.
  • Rafael Calvo Traditionally, neither the Spanish tax authorities nor the law courts have been particularly receptive to the arguments of taxpayers claiming that the application of tax laws should be consistent with the principles and requirements of EU law. However, the trend has been the opposite lately.
  • Edward Tanenbaum The Internal Revenue Service (IRS) issued temporary regulations on the application of section 367 of the Internal Revenue code in cross-border stock transfers governed by code section 304. The temporary regulations are intended to stop a transaction used by some taxpayers to repatriate cash to the US tax-free.
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