Search results for

In the July/August issue, Frank Schoeneborn, head of group operational transfer pricing in the finance and accounting division at Merck Group, took a retrapolative look at the country-by-country reporting standard five years into its implementation. In part two, he looks at how different functions within a multinational company are interacting with the tax team to manage reporting obligations.

DOTAS will become increasingly important as the pendulum starts to swing the other way New proposals by the UK government to enlarge the scope of its Disclosure of Tax Avoidance Schemes (DOTAS) and VAT Avoidance Disclosure Regulations (VADR) regimes, as well as the drafting of a new financial product hallmark, will increase the number of schemes that could fall prey to controversial accelerated payment powers. The consultation document, titled 'Strengthening the Tax Avoidance Disclosure Regimes' continues the aggressive approach to tax avoidance displayed by HMRC.

Richard McAlonan is the first of four senior resignations from the Internal Revenue Service in the US to find a new home.

Ann Burgess Cammack, former senior tax counsel on the US Senate Finance Committee and tax adviser to its chairman, Max Baucus, has joined EY's Washington, DC office as a principal in the National Tax department.

Sheikh Salman Bin Hassan Al-Thani Sheikh Salman Bin Hassan Al-Thani has become chief financial and tax officer of the Qatar Financial Centre Authority (QFC Authority), the commercial and strategic arm of the Qatar Financial Centre (QFC) and responsible for developing and ensuring compliance with the QFC regulations and rules comprising the QFC's legal and tax environments. Before joining the QFC Authority, Al-Thani was director of risk management at the Qatar Central Bank. He also worked in project finance for Qatar Petroleum.

Matthew Schnall has joined WilmerHale in Boston as a partner.

Felicity Cullen Devereux Chambers expands its team of tax specialists with the arrival of Felicity Cullen QC formerly of Gray's Inn Tax Chambers. Cullen is experienced within commercial and property tax. She has also appeared in many important tax cases, including RKW Limited v Commissioners for Her Majesty's Revenue & Customs.

Brad Rolph of Grant Thornton and Claire Kennedy of Bennett Jones review the decision of the Tax Court of Canada in McKesson Canada Corporation v HM The Queen, describe approaches to pricing factoring arrangements and highlight some of the key lessons for multinationals from this case.

There have been a substantial number of US international tax developments over the past year. David Forst and Adam Halpern of Fenwick & West provide a brief summary of a few of the most noteworthy.

Jens Müller-Lee and Peter Imhof of PwC discuss recent news and developments on organisational integration and their consequences on VAT grouping in Germany.