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A new announcement from the State Administration of Taxation clarifies how companies should comply with rules for authorised tax collection.

Some of the jurisdictions that have provoked the most anger because of their perceived hostility to the exchange of tax information have become the latest supporters of the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

Tax planning deadline India; Tax reform; Expert evidence in Canadian tax cases; ATO challenges to energy companies; China carbon emissions pilot; Germany and France on FTT; Beneficial ownership form.

The Indian revenue authority will appeal a decision by the Mumbai Income Tax Appellate Tribunal (ITAT), involving auto manufacturer Mahindra & Mahindra, which found the Libor rate could be used when making foreign currency loans to overseas related parties.

Last week's Bill permitting Swiss banks to share certain information with US tax authorities will prompt a new Swiss banking model – even if the bill is not passed.

TYPE OF DEAL VALUE ACQUIRER TARGET ADVISER TO ACQUIRER (TAX) ADVISER TO TARGET (TAX) Acquisition $8.7 billion Valeant Pharmaceuticals Bausch & Lomb Skadden, Arps, Slate, Meagher & Flom / Osler, Hoskin & Harcourt Cleary Gottlieb Steen & Hamilton / Stikeman Elliott - Marie-Andrée Beaudry Acquisition $2.9 billion Fidelity National Financial Lender Processing Services Weil, Gotshal & Manges - Marc Silberberg, Chayim Neubort Cravath, Swaine & Moore Acquisition $950 million TECO Energy New Mexico Gas Company Skadden, Arps, Slate, Meagher & Flom / Cuddy & McCarthy Cravath, Swaine & Moore Merger $443 million AstraZeneca Omthera Pharmaceuticals Davis Polk & Wardwell - Neil Barr Covington & Burling - Rob Heller Acquisition $413 million Cheung Kong Infrastructure Holdings EnviroWaste Services Stikeman Elliott Acquisition $181 million Falabella Construdecor Lefosse Advogados Share Repurchase $154.7 million Primerica Warburg Pincus Wachtell, Lipton, Rosen & Katz Acquisition $120 million SolarWinds N-able Technologies Fenwick & West - William Skinner Acquisition $108.4 million Kulczyk Oil Ventures Winstar Resources Stikeman Elliott Acquisition Undisclosed Altasciences Group Vince & Associates Clinical Research Stikeman Elliott - Luc Bernier TYPE OF DEAL VALUE ISSUER / BORROWER LEAD MANAGERS / ARRANGERS ADVISER TO ISSUER / BORROWER ADVISER TO LEAD MANAGERS Senior Notes Offering $1.5 billion CF Industries Morgan Stanley / Goldman Sachs Skadden, Arps, Slate, Meagher & Flom Davis Polk & Wardwell - Neil Barr Initial Public Offering $1.1 billion Asian Pay Television Trust J.P. Morgan / Macquarie Capital / CIMB Securities / DBS Bank Clifford Chance / Allen & Gledhill WongPartnership / Latham & Watkins Share Offering $329.5 million DLF Limited Standard Chartered / Deutsche Equities / Merrill Lynch / J. P. Morgan / CLSA / HSBC / Kotak Mahindra Capital / UBS / India Infoline Luthra and Luthra Law Offices Linklaters / Amarchand & Mangaldas & Suresh A. Shroff & Co. Bridge Loan Facilities $300 million Delek Group JPMorgan Chase / Citibank / HSBC Davis Polk & Wardwell - Alon Gurfinkel Simpson Thacher & Bartlett Public Debt Offering $290.2 million Cogeco Cable CIBC World Markets Davies Ward Phillips & Vineberg Secondary Offering $276 million Wesco Aircraft Holdings Barclays / J.P. Morgan Latham & Watkins Davis Polk & Wardwell - Samuel Dimon High-Yield Notes Offering $163 million Fantasia Holdings Group Merrill Lynch / Citigroup / HSBC / China Merchants Securities Sidley Austin / Conyers Dill & Pearman / King & Wood Mallesons Davis Polk & Wardwell Initial Public Offering $100 million WPT Industrial REIT CIBC World Markets / RBC Dominion Securities Shearman & Sterling - Laurence Crouch, Eileen O'Pray Davies Ward Phillips & Vineberg

Type of Agreement Country Country Date Signed Tax Information Exchange Agreement British Virgin Islands Canada May 21 2013

IRAP is a regional production tax (established by Legislative Decree No. 446 of 15 December 1997, called IRAP Decree) levied on independent and regularly exercised activities of production or exchange of goods and/or provision of services. Piergiorgio Valente, Managing Partner of Valente Associati GEB Partners explains the specifics of the tax and its impact on taxpayers operating in Italy.

David Williams has become chief tax officer of Intuit, the US business and financial management solutions company for corporations and individuals. He will be responsible for the company's tax strategy, including implementing programmes supporting the Affordable Care Act and tax system implications of pending immigration reform proposals.

See who has done the tax work on this month’s biggest deals.