Magazine
May 2003

Magazine Archive

Why UK share buy-backs are becoming more attractive

The High Court has overturned the Inland Revenue's position on the tax treatment of share buy-backs. Ian Bowler and Mike Hardwick of Linklaters reveal the implications of the decision
Why you need to be nimble in Europe

By Peter Corcoran, global leader for international tax services for Deloitte Touche Tohmatsu
EY poaches PwC financial services partner
PwC hires ex-Congress tax official
Orrick poaches E&Y team for Italian launch
Watson Farley hires A&O tax lawyer
SEC selects PCAOB chairman
Guernsey opts for withholding tax
ImClone lowers earnings to cover CEO's tax bill
US aims to extend internet tax ban
European venture capitalists call for tax harmonization
Israeli Budget introduces new taxes and removes tax breaks
Integral Energy seals pioneering ATO deal
Brazil moves to harmonize taxes
News Corp makes tax-clean acquisition of Hughes Electronics
Levi Strauss' tax group under fire
Deals table
How India's new dividend distribution system works

Mukesh Butani of Ernst & Young looks at the likely impact of the proposed dividend taxation changes in India's Budget
Bush's new tax package explained

President Bush's US 2004 Budget contains a number of revenue-raising provisions aimed at earnings stripping, tax shelters and executive compensation. Christine Halphen, Oscar Teunissen, Steve Nauheim, Linden Smith and Larry Skor of PricewaterhouseCoopers explain what to look out for
Using losses after an ownership change in Germany

Franz Prinz zu Hohenlohe and Marko Gruendig of KPMG warn of the uncertainties raised by court decisions restricting the use of net operating losses
New opportunities for banks in Spain

Proposed rules on preferred shares have a lot to offer foreign credit institutions in Spain. Carlos Albiñana of Allen & Overy shows where and how
Understand Italy's hidden and multiple PE concepts

Multinationals doing business in Italy have been confused by recent Supreme Court decisions on permanent establishments, including the Philip Morris case. Piergiorgio Valente and Gianpaolo Valente of Studio Legale Tributario GEB Partners focus new light on blurry concepts
What the Greek reforms mean

Greece has revamped its corporate tax system. Panagiotis Zafeiropoulos of Deloitte & Touche explains what it will mean for companies operating in the country
What the UK Budget offers

Derek Jenkins and John Whiting of Pricewaterhouse-Coopers uncover what the 2003 Budget holds for international business
Business to benefit from US-Australia withholding tax agreement
Tax reform looms
Dissent rights in M&A and reorganization transactions
Holding company rules revised
EC proposes consolidated tax base throughout the EU
Elimination of double taxation
Compromise tax reform Bill passed
Strict enforcement of employer's obligations under the tax law
Tax implications of the Finance Act
Delegation law broadens corporate tax reform
Practical points for corporate reorganizations
Benefits of the Mexico-US treaty clarified
Reform of municipal taxes
Courts clarify the CFC motive test exemption
When foreign taxpayers file late US tax returns
Tax treatment hinders limited liability partnerships
What EU accession means for tax advisers