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Two lawyers from Continental Europe have made the step-up after Allen & Overy's annual announcement of new partners.

Two advisers have become partners of Freshfields Bruckhaus Deringer.

India's new dispute resolution panels (DRP) will continually adapt to a changing tax environment and greatly improve taxpayer litigation consistency, say two of the country's leading advisers.

Doug Shulman, Commissioner of the US Internal Revenue Service (IRS), spent much of his speech at Tax Executive Institute's mid-year meeting yesterday time reassuring the audience that he appreciated their concerns over new IRS compliance proposals.

Sixth VAT Directive Article 5(6) Gifts of small value Samples Definition Recorded music Distribution free of charge for promotional purposes.

Donald Marron will succeed Rosanne Altshuler as director of the non-partisan research and policy organisation on May 17. Marron's previous experience includes stints as a senior economic adviser and consultant to the President's Council of Economic Advisors and acting director of the Congressional Budget Office. Before that, he served as chief economist and executive director of Congress' Joint Economic Committee.

Nine firms will compete for the top award of European Tax Firm of the Year at International Tax Review's fifth annual European Tax Awards in London in May

Taiwan's finance minister Lee Sush-der has said that additional cuts in the country's corporate income tax should enhance the country's international competitiveness but will cost NT$34.3 billion (US$1.09 billion) in tax revenues.

At a panel discussion to promote "The Bipartisan Tax Fairness and Simplification Act", Senators Ron Wyden and Judd Gregg emphasised the Bill's potential to enhance US international competition.

The chairman of India's Central Board of Direct Taxes has said that the latest draft of the country's direct tax code will include "significant changes" when released in two months' time.