This content is from: Italy Italy prepares challenge to state aid ruling Italian finance minister Giulio Tremonti has announced government plans to challenge a European Commission ruling requiring Italy’s banks to repay tax breaks that could amount to anything up to $2.51 billion January 27 2002
This content is from: Spain Landwell acquires Spanish firm Landwell, the UK legal arm of PricewaterhouseCoopers, has taken over a tax and law firm in Alicante January 27 2002
This content is from: Germany White & Case hires German team White & Case, Feddersen has expanded in Hamburg with the lateral hire of a three-partner M&A and tax team January 27 2002
This content is from: Indonesia Indonesia considers tax incentives for foreign investors January 27 2002
This content is from: France EU takes France to court for breaching free capital-movement The European Commission is taking France to court for breaching EU rules on the free movement of capital January 27 2002
This content is from: South Korea Korea offers foreign investment incentives Foreign companies investing in Korea will be able to claim tax breaks from lower levels of investment than previously January 27 2002
This content is from: Direct Tax OECD groups report on stock option progress Representatives from OECD member states are meeting this week to discuss their work on taxation of stock option schemes January 27 2002
This content is from: Netherlands Bird & Bird raids Andersen for Dutch tax launch Bird & Bird will be able to offer comprehensive tax law advice to its Dutch clients from next month, when two tax specialists join the firm from Andersen January 27 2002
This content is from: Belgium EU concerned at calls for protective duties on uranium The US trade authorities have ordered protective duties on EU exports of enriched uranium January 27 2002
This content is from: Germany CMS firms plot European tax expansion CMS Hasche Sigle is expanding its German tax team with lateral hires from PricewaterhouseCoopers’ Stuttgart office January 20 2002
This content is from: Germany Former A&O lawyers launch asset finance boutique Two former Allen & Overy lawyers plan to fill a gap in the German asset finance market, joining forces to launch a boutique practice in Frankfurt January 20 2002
This content is from: China Policy reforms to boost foreign investment in China The Chinese government is planning to introduce new policies to attract foreign investment January 20 2002
This content is from: Japan Japan considers reforms for economic boost The Japanese government last week announced plans for a comprehensive reform of the taxation system January 20 2002
This content is from: United States US disappointed by WTO ruling The US has said it was disappointed but unsurprised after the World Trade Organization (WTO) overruled its appeal against EU claims that tax breaks for US exporters constituted an illegal export subsidy January 20 2002
This content is from: Italy CMS network signs Italian firm The CMS network is expanding its European reach by adding Italian firm Adonnino Ascoli & Cavasola Scamoni as a member January 13 2002
This content is from: China China to phase-out foreign tax advantages China is to phase out preferential tax treatment for foreign companies under its World Trade Organization obligations January 13 2002
This content is from: Argentina Argentina discusses tax reforms Argentina’s tax system has been plunged into uncertainty following the country’s currency devaluation and economic problems January 13 2002
This content is from: Mexico Mexican reforms fall short of target The Mexican fiscal package that was finally adopted on December 31 last year looks like it will raise less than half of the $13 billion in new funds suggested in the original version January 13 2002
This content is from: Israel Critics doubt new Israeli tax committee A recent announcement that a committee is to be set up to look at reforming the Israeli taxation system has been met with skepticism, as critics say they have seen the findings of similar committees rejected January 13 2002
This content is from: United States Compaq wins tax shelter appeal The Internal Revenue Service’s fight against tax shelters suffered a blow on December 28 when a federal court of appeal ruled against both the IRS and the Tax Court in favour of Compaq Computers January 06 2002
This content is from: Israel Israeli tax relief aids venture capital industry A new directive published last week by the Israeli Income Tax Authority aims to boost the venture capital fund industry by increasing foreign investment January 06 2002
This content is from: Australia Australian businesses call for tax reform A discussion paper published last month is calling for reform to Australia’s international tax regime to help domestic businesses grow internationally January 06 2002
This content is from: Direct Tax World's leading tax advisers: Part 1 – Latin America Revealed: who you think is the best For the past two years, the results of International Tax Review’s Latin America survey have yielded few surprises, with little movement in the ranking of firms. However, as this year’s results show, the dynamics could... January 03 2002
This content is from: Direct Tax More German taxes for executives abroad A bundle of new tax acts that significantly alter the German tax system has passed into legislation. As part of the continuing tax reform, the legislator has changed the taxation of foreign executives of German compan... January 03 2002
This content is from: Direct Tax US Customs finally meets its match US importers have traditionally met with little success when challenging unfavourable rulings by the US Customsauthorities. The decision in Mead represents an important challenge to this state of affairs. By Damon Pik... January 03 2002
This content is from: Direct Tax Why Russia is still playing catch up Russia lacks both the experience and the relevant information to put in place a truly effective transfer pricing regime, but the will is there. By Victor Matchekhin of Linklaters, Moscow January 03 2002