North America:The theory of e-volution The internet is opening up a new world of opportunities for international tax planning and putting a premium on specialist advice
Double tax on dividends: the UK v Holland The Océ Van der Grinten case reopens the debate on the interaction of the EU Parent-Subsidiary Directive with the UK-Netherlands double tax treaty. Sabina Comis and Eelco van der Stok, from Freshfields London and Amsterdam, discuss the case and its implications
Asia-Pacific moves up a gear The Asia-Pacific region is fast catching up with the EU and US with its e-business initiatives. But each country sets its own pace – one jurisdiction's response may be very different from its neighbour's. By Colin Farrell and Alex Yuen, PricewaterhouseCoopers, Hong Kong
Turkey simplifies to stabilize Despite a buoyant domestic economy, Turkey's double-digit inflation and soaring interest rates previously deterred potential market entrants. A new policy package aims to change all that. Ibrahim Tutar of PricewaterhouseCoopers, Istanbul reviews the incentives
Spain - the devil's in the EU detail Spain has included within its corporation tax law an anti-abuse clause based on article 11 of the EU Merger Directive. But difficulties in translation have caused problems. Jesús López Tello of Uría Menéndez, Madrid describes the outcome
Australia opts for rollover relief Australia's capital gains tax law once suffered from the accusation of protecting inefficient companies. Following the Ralph Committee recommendations, scrip-for-scrip rollover relief has been introduced to counter this. By Ian Dinnison of KPMG, Melbourne
Guidance given to foreign trusts The foreign sales corporation regime, payments to non-US residents, revised procedures for qualified and non-qualified intermediaries, and new tax treaties are all making the rounds in Washington. By John Turro of Ernst & Young, Washington DC
