Search results for

Jens Kleinert Jens Kleinert has left Dewey & LeBoeuf to join Osborne Clarke as a partner in the firm's Cologne office.

Antonio Cuéllar Prats A former tax adviser with DLA Piper, Antonio Cuéllar Prats, has joined four other lawyers to set up Nicea Abogados in Madrid.

Brad Okun Formerly head of the firm's New York office, Brad Okun now leads the tax practice at O'Melveny & Myers.

Chris Wales, a former adviser on taxation to the chancellor of the exchequer in the UK, has joined FTI Consulting, a global business advisory firm, as a senior managing director in its economic consulting practice in London. He will help to develop the firm's combined economic and public policy division which advises multinational corporations and governments. He will also work closely with FTI's litigation division, principally on tax-related issues.

Colin Keane Colin Keane has joined Alvarez & Marsal Taxand as a senior director in its London office. He was formerly employment solutions director for PricewaterhouseCoopers in the London and, before this, head of operational and employment tax at Barclays, the bank. He will advise Alvarez & Marsal Taxand's clients on a wide range of employment tax issues.

Sean Foley Landon McGrew The Internal Revenue Service (IRS) recently announced that it intends to implement a new reporting requirement which would apply to certain business taxpayers taking uncertain tax positions within the meaning of FASB interpretation number 48, Accounting for Uncertainty in Income Taxes, an Interpretation of FASB 109 (FIN 48).

Edward Tanenbaum Tola Ozim The IRS has issued temporary regulations amending temporary Treasury regulations Section 1.304-4T regarding the use of controlled corporations to avoid the application of Code section 304. The prior and current temporary regulations aim to make it more difficult to avoid section 304 dividend treatment in transactions to which the section applies.

Murat Colakoglu The corporate tax exemption of investment allowance is not back for all investors but for those who had gained the right to utilise it as long as they have carry forward investment allowance amounts equal to their eligible capital expenditures in Turkey.

Hatasakdi Na Pombejra Kititat Tungsuwan At present, international tax issues about the tax implications of certain satellite services provided by a satellite operator such as transponder services, internet connection services, and backhaul services concern whether earnings from such services should be regarded as service income/business profit or income from royalty for corporate income tax purpose. According to the recent discussion draft on tax treaty issues related to common telecommunication transactions by OECD (discussion draft), it can be deduced that, payment made by customers under typical "transponder leasing" agreements are made for the use of the transponder transmitting capacity and will not constitute royalties, but would therefore be in the nature of payments for services which constitute a business profit.

David Cuellar Francisco Zamora Following the current Mexico efforts to exchange tax information, on February 23 2010, Mexico and the Bahamas signed an Agreement for the Exchange of Information related to Tax Matters and its Final Protocol. The agreement should be a tool to facilitate exchanging information between the tax authorities of these countries.