World's leading tax advisers: Part 2 - Asia: Asia shows stability in turbulent times This year's Asia survey finds PricewaterhouseCoopers holding on to its premier position in the region. Law firms, in the meantime, are failing to forge ahead. Georgina Stanley investigates what's new, and what clients are looking for
Transfer pricing in the post-Enron world Financial statements are due to come under increased scrutiny following the Enron bankruptcy. Intercompany pricing once again finds itself in the spotlight. By Steven D Harris and Paul B Burns of KPMG, Washington, DC and Costa Mesa
EU VAT on e-commerce: the practical implications The EU Directive on VAT and E-commerce will take effect from July 1 2003. But exactly what impact will implementation of the new system have on businesses? Alan Sinyor of Freshfields Bruckhaus Deringer, London, finds out
Corporate tax changes in the UK 2002 budget The recent UK budget announced changes that will make corporate compliance more complex. Simplicity and fairness may be the aim, but achieving it is going to require more hard work for practitioners. Derek Jenkins, PricewaterhouseCoopers, London
Singapore budget 2002 – restructuring to address new challenges Singapore’s budget aims to encourage economic progress at a time of political uncertainty and intense competition. Taxation targets enterprise and growth, while attracting global talent. By Ajit Prabhu, Deloitte & Touche, Singapore
US introduces depreciation bonus Sluggish US investment in new plant and equipment gets a boost from a new depreciation bonus offering a 30% tax discount. Keith Martin of Chadbourne & Parke LLP, Washington looks in detail at how it works
Canada's APA programme falls short of promises Canada announced that its new transfer pricing rules would simplify the APA process for companies. Unfortunately, this is certainly not the case. Hendrik Swaneveld, Martin Przysuski and Venkat Nagarajan of BDO Dunwoody, Toronto (Markham), report
Taxation of share option schemes in Russia Share option schemes in Russia do not attract favourable tax treatment. Multinationals implementing them do so in a way that minimizes tax costs and non-tax risks for both employer and employees. By Victor Matchekhin, Linklaters, Moscow
Tax planning in the global village Globalization and the emergence of the transnational enterprise are bringing about sweeping changes in the relationships between sovereign states and taxpayers. Piergiorgio Valente of Studio Legale Tributario, Milan, explains
How to minimize the global PE risk The analysis and treatment of permanent establishment issues inevitably vary between taxing jurisdictions. Todd M Landau, Harry Doornbosch and Nicasio del Castillo, PricewaterhouseCoopers, New York, look at the international aspects
