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Jeff Scheine and Gary Gartner, former partners of Kaye Scholer in New York, have left the firm to start Alchemy Capital Planning, a tax planning and business consulting firm aimed at serving international clients looking to invest or expand in the US or globally. Over the last 25 years, they have advised clients on a full-range of tax and business-related issues.

The Indian government has appointed Akhilesh Ranjan as the country’s new competent authority.

Type of Agreement Country Country Date Signed Double Taxation Avoidance Agreement (Protocol) Luxembourg Slovenia June 20 2013 Double Taxation Avoidance Agreement Cyprus Ukraine July 4 2013 (Ratified) Double Taxation Avoidance Agreement Albania India July 8 2013 Double Taxation Avoidance Agreement Spain Uzbekistan July 9 2013

The implementation of the Foreign Account Tax Compliance Act (Fatca) will not begin on January 1 next year, after all.

TYPE OF DEAL VALUE ACQUIRER TARGET ADVISER TO ACQUIRER (TAX) ADVISER TO TARGET (TAX) Merger $21.6 billion Softbank Sprint Nextel Morrison & Foerster / Mori Hamada & Matsumoto / Dow Lohnes / Potter Anderson & Corroon / Foulston & Siefkin Skadden, Arps, Slate, Meagher & Flom / Lawler, Metzger, Keeney and Logan / Polsinelli / Shearman & Sterling / Bingham McCutchen Acquisition $2.6 billion LVMH Loro Piana Bonelli Erede Pappalardo Chiomenti Acquisition $2.5 billion Kroger Harris Tweeter Arnold & Porter - Cynthia Mann McGuireWoods Acquisition $747.9 million United SM Holdings Guthrie GTS Rajah & Tann WongPartnership Acquisition $692 million Enstar Group Torus Insurance Holdings (Corsair Capital) Drinker Biddle - John Weber, Brian DeVirgilio Davis Polk & Wardwell - Neil Barr Acquisition $605 .2 million TPG Capital TSL Education Cleary Gottlieb Steen & Hamilton Simpson Thacher & Bartlett / Travers Smith Acquisition $264.8 million EH Property & Investments Aceland Investment (F2S1 Investment) Engelin Teh & Partners WongPartnership Acquisition Undisclosed eBay 2dehands.be / 2ememain.be Weil, Gotshal & Manges Acquisition Undisclosed EMC Corporation ScaleIO Fenwick & West - Ronald Schrotenboer, Adam Halpern, Idan Netser Acquisition Undisclosed Falck Danmark G.A.R.D. Group Hengeler Mueller - Martin Klein Acquisition Undisclosed Ford Financial Fund II Metropolitan National Bank Wachtell, Lipton, Rosen & Katz - Joshua Holmes Fenimore, Kaye, Harrison & Ford / Bracewell & Giuliani / Williams & Anderson Acquisition Undisclosed Mitsubishi Heavy Industries Concast India Amarchand & Mangaldas & Suresh A. Shroff Desai Desai Carrimjee & Mulla Acquisition Undisclosed ServiceNow Mirror42 Holding Fenwick & West - Ronald Schrotenboer, Amanda Athanasiou TYPE OF DEAL VALUE ISSUER / BORROWER LEAD MANAGERS / ARRANGERS ADVISER TO ISSUER / BORROWER ADVISER TO LEAD MANAGERS Cash Tender Offer $1.35 billion Swiss Re Solutions Holding J.P. Morgan Paul, Weiss, Rifkind, Wharton & Garrison Davis Polk & Wardwell - Michael Mollerus Loan Facility $252.4 million British and Malayan Trustee Commonwealth Bank of Australia / DBS Bank WongPartnership Allen & Gledhill

In the first of a two-part series, Tom Walsh, managing director of the Government Sector within the Tax & Accounting business of Thomson Reuters, analyses the land administration proposals in the G8 Lough Erne Declaration, and explores what they could mean for the future of property taxation.

The French Directorate for Public Finance has published its 2012 activity report, which shows tax and penalties gained after audit have risen by 10%. Greater efficiency when conducting audits and more aggressive targeting of transfer pricing is likely to have contributed to this increase, advisers say.

A new law passed by the Greek parliament on July 2 2013, extends the deadline for the compilation of the transfer pricing documentation file for intra-group transactions and the filing of the summary information table until July 31 2013, specifically for accounting periods beginning from January 1 2012 and ending up to May 30 2013. Eftichia Piligou of Deloitte explains.

A new interpretation statement on the general anti-avoidance rule (GAAR) released by New Zealand’s Inland Revenue Department (IRD) should help taxpayers preparing submissions, such as ruling applications or statements of position in disputes, for the IRD’s consideration.

A judgment of the European Court of Justice (ECJ) in a case involving Argenta Spaarbank (Argenta) should benefit Belgian companies with loss-making permanent establishments (PE) in other member states and will impact tax deduction regimes in EU countries.