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  • Raaijmakers, who will be a partner of her new firm, advises private and institutional investors in the real estate sector in the Netherlands, Germany and the US on projects such as setting up partnerships. She also has experience in advising construction companies, real estate developers and real estate funds investors on international tax issues and in due diligence reviews related to the acquisition of real estate projects, real estate portfolio funds and real estate companies. She has worked previously at Arthur Andersen and Deloitte.
  • Hong Kong’s financial institutions are battling to become FATCA compliant by 2016. On September 15, the city also announced its cooperation with the OECD Common Reporting Standard (CRS) initiative, which allows free exchange of tax information among 70 countries. The dual burden is potentially problematic for both regulators and financial institutions.
  • The European Commission has developed a new web portal and a ‘mini one stop shop’ to help businesses prepare for the changes in VAT collection rules.
  • Italy’s minimum excise duty of 115% on cigarettes sold lower than the most popular category of cigarettes has been ruled contrary to EU law by the European Court of Justice (ECJ).
  • Taxpayers got some mixed news from this year's Malaysia budget, the last before goods and services tax (GST) comes into effect next April.
  • Ireland adopts first mover advantage including commitment to a best-in-class knowledge development box – a clear roadmap for the future
  • Steffan Adfeldt has left Barclays to join BDO in the UK as a tax director in the firm’s financial services group.
  • The Irish government announced in its 2015 Budget today the abolition of the so-called double-Irish structure and its intention to introduce an income-based system for the taxation of intellectual property, which it is calling a Knowledge Development Box.
  • The Bombay High Court (HC) has ruled in favour of Vodafone India in relation to a transfer pricing dispute between the company and the tax authorities about whether the transfer of shares between the company and a subsidiary in Mauritius constituted a transaction that gave rise to income tax.
  • After decades of conflict with taxpayers, the Brazilian tax and customs authorities have finally simplified the drawback suspension customs regime, settling several disputes and offering better conditions for Brazilian exporters.