The EU is a step closer to introducing an EU-wide withholding tax on company profits leaving the bloc, as well as several new compliance and tax rules.
Hogan Lovells have taken on Babak Nikravesh as a partner of the firm's corporate practice group in the Silicon Valley and San Francisco offices. He is joined by Paul Downs who will joins the firm's corporate practice group in New York.
Majmudar & Partners in India has appointed Rukshad Davar as head of the firm's M&A practice group, Amrit Mehta to principal and Kritika Agarwal to senior associate.
In a development that could reshape the US tax system, the House Republicans released a long-awaited tax reform blueprint to simplify the country’s federal tax structure.