As the transaction market continues to recover from the global recession, and struggles to overcome obstacles thrown up by the eurozone crisis, Matthew Gilleard talks to some of North America’s leading advisers to see how such challenges are being overcome, and what lessons they have to take forward into 2012.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap