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  • The Austrian owned banking group, Erste Group Bank, has appointed Andrea Lee as head of transfer pricing. Lee has been employed by TPA Horwath and Deloitte, and has worked in Austria, the Czech Republic, China, Vietnam, Australia and Belgium.
  • The Polish government is making changes to the thin capitalisation rules. It is planned the new legislation will come into force as of January 1 2015 and is being considered by Parliament, though it is expected the changes will happen.
  • Philip Baker, Patrick Way, Patrick Soares and Imran Afzal launched Field Court Tax Chambers in August after their previous set, Gray’s Inn Tax Chambers, decided to leave the Inns of Court.
  • In an exclusive interview with International Tax Review, Werner Schuster, vice-president – head of tax at Philip Morris International (PMI), outlines the benefits of working in an in-house tax team, points out how technology is only as good as the data you input and explains why PMI does not outsource its tax functions.
  • Companies in Brazil that have gone to court to challenge the constitutionality of certain taxes have seen some positive results recently, write João Marcos Colussi and Alessandra Gomensoro of Mattos Filho.
  • Tax executives are no longer only accountable to their business colleagues, investors, revenue agencies and other regulators. Now the public wants to know what they do, explain Nancy Manzano and Bernadette Pinamont of Vertex.
  • Kelly Stricklin-Coutinho, formerly of PwC Legal, has joined Thirty Nine Essex Street barristers’ chambers in London.
  • Eveline Beer, of Küffner, Maunz, Langer, Zugmaier, explains the reasoning behind the notification of the Bavarian tax authorities that the provision of access to e-papers or e-books and the subscription to a printed version of the same product should be treated as separate services.
  • Tamir Druz, a director at Capra Energy Group, discusses the best methods for determining an optimal transfer pricing policy for liquefied natural gas (LNG).
  • Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition $160 million Blackbaud Inc. MicroEdge Holdings Inc. Davis Polk & Wardwell - Craig Philips, Adam Perry Acquisition $15 million BBA Inc. LogMeIn Inc. Fenwick & West - Jay Cosel Type of Deal Value Issuer/Borrower Lead managers/arrangers Adviser to issuer/borrower (tax) Adviser to lead managers (tax) Notes Offering $200 million Minerva Luxembourg S.A. Banco BTG Pactual S.A. – Cayman Branch, HSBC Securities (USA) Inc., Itau BBA USA Securities, Inc., Merrill Lynch, Pierce Fenner & Smith Inc., Santander Investment Securities Inc. White & Case, Stocche Forbes Padis Filizzola Clapis Passaro Meyer and Refinetti Advogados, Arendt and Medernach Lefosse Advogados, Davis Polk & Wardwell