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The breadth of tax topics to be debated at the International Bar Association (IBA) annual conference in Dubai next week ranges from the use of partnerships and tax groups to the taxation of foreign currency gains and losses and taxation in the Gulf Cooperation Council (GCC) countries.

Republican Herman Cain has adapted his 9-9-9 tax code proposal to allow for exemptions. The simplicity of the 9-9-9 plan, with its uniform rates and lack of exemptions, was previously the defining aspect of Cain’s proposal, but recent opposition has shown the presidential candidate that flexibility is required.

Rajeev Dimri, head of indirect tax at BMR Advisors – Taxand looks at the transition to self-assessment based clearance of goods.

According to the Dutch Supreme Court, the question that needs to be answered is how to determine from what time the supply of a building qualifies as the supply of ‘new’ building, reports Jeroen Bijl of PwC

The European Commission has formally requested Bulgaria to amend its discriminatory VAT legislation.

Ernst & Young has made four appointments in its employment tax team in the UK.

Oliver Lindloff has joined Luther – Taxand as Of Counsel.

Victor Gatti has rejoined KPMG in the US as a principal in the firm’s international corporate services (ICS) practice in New York. He will advise financial services clients on a range of international tax issues and tax matters related to cross-border M&A.

Renaud Jouffroy Xavier Etienne To date, third party or bank debt has remained outside the scope of French thin capitalisation rules, even when this debt has been guaranteed by a party connected to the borrower. This made France a very attractive jurisdiction in which to raise debt. However, Finance Act 2011, which was recently passed by parliament, has brought France more in line with other countries by removing the thin cap exemption for guaranteed third party debt (such as bank debt).

Bob van der Made On December 15 2010, the European Commission's Impact Assessment Board assessed DG TAXUD's (the directorate-general for taxation and customs union) impact assessment for the legislative proposal for a Common Consolidated Corporate Tax Base (CCCTB). The impact assessment was adopted though DG TAXUD, which is pushing this proposal on behalf of the Commission, was apparently required to elaborate on the assumptions and choices made to complete the Commission's internal approval process. A positive decision by the Impact Assessment Board is a precondition for the proposal to enter the EU's formal legislative process.