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  • Stephan Krampe will become a partner of Berwin Leighton Paisner in its Frankfurt office on May 1.
  • Eveline Widmer-Schlumpf, Switzerland’s Minister of Finance, has confirmed the country will present a corporate tax reform plan by “mid-year”. Brussels has been pressuring the country to reform the incentives it offers to multinational companies.
  • While the image their tax affairs portray to the public is a greater concern for multinational companies than ever before, managing tax affairs across various countries with differing tax regimes has not become any easier and remains a challenge that must be overcome.
  • The first deadline for taxpayers in Russia to submit details of related-party transactions for 2012 may be delayed until the end of the year because of taxpayers’ concerns over the complexity of the notification requirements.
  • Multinational companies are more concerned about the image their tax affairs portray to the public than ever before but, with tax departments operating in a number of different countries, with various tax managers responsible for managing that jurisdiction’s tax affairs, how can a company stay on top of its tax affairs and judge the structures that may be acceptable in one country but cause problems in another?
  • Cristiane Magalhaes and Tatiana Villani, of Machado Associados, explore the latest trends in Brazilian corporate tax, including the high taxation at source on the import of services, despite the evident increase of Brazil’s role in the global economy.
  • Ernst & Young has announced the appointment of six new tax partners amid a host of hires.
  • The Polish consulting firm belonging to the Taxand global network has changed its name to Crido Taxand. The company had been operating under the name Accreo Taxand.
  • Hans Severin Hansen, of Plesner, looks at where the Danish tax authorities (SKAT) will be focusing their resources in future and what engagement opportunities are open to large taxpayers to help cut the risk of disputes.
  • TYPE OF DEAL VALUE ACQUIRER TARGET ADVISER TO ACQUIRER (TAX) ADVISER TO TARGET (TAX) Acquisition $2.5 billion Orix Rabobank (Robeco) Linklaters De Brauw Blackstone Westbroek / Davis Polk & Wardwell - Kathleen Ferrell Acquisition $220.7 million Kroenke Sports & Entertainment Outdoor Channel Holdings Wachtell, Lipton, Rosen & Katz Wilson Sonsini Goodrich & Rosati Acquisition $201 million (by Ameren) Dynergy Ameren Wachtell, Lipton, Rosen & Katz Acquisition $158 million Corporation Services Company Melbourne IT (Digital Brand Services) Gilbert + Tobin / Skadden Arps Slate Meagher & Flom King & Wood Mallesons Joint Venture Undisclosed HeidelbergCement / Holcim Cement Australia King & Wood Mallesons / Ashurst TYPE OF DEAL VALUE ISSUER / BORROWER LEAD MANAGERS / ARRANGERS ADVISER TO ISSUER / BORROWER ADVISER TO LEAD MANAGERS Senior Notes Offering $1.62 billion Morgan Stanley Morgan Stanley Davis Polk & Wardwell - Po Sit Sidley Austin Notes Offering $800 million China Vanke HSBC / Deutsche Bank / Bank of China / DBS / UBS / J.P. Morgan Conyers Dill & Pearman / Zhong Lun Linklaters / Commerce & Finance Law Offices Secondary Offering $785 million NXP Semiconductors Merrill Lynch / Credit Suisse Simpson Thacher & Bartlett Davis Polk & Wardwell - Alon Gurfinkel Secondary Offering $741 million MRC Global Goldman Sachs / Barclays / Robert W. Baird & Co Fried, Frank, Harris, Shriver & Jacobson Davis Polk & Wardwell - Michael Farber Notes Offering $600 million Allergan Goldman Sachs / Merrill Lynch / Citigroup / J.P. Morgan / Morgan Stanley Latham & Watkins Davis Polk & Wardwell - Rachel Kleinberg Secondary Offering $547 million Discovery Communications Merrill Lynch / J.P. Morgan / Citigroup Wilmer Cutler Pickering Hale and Dorr Davis Polk & Wardwell - Samuel Dimon Notes Offering $300 million Kansas City Power & Light Company BNP Paribas / Merrill Lynch / Mitsubishi UFJ Hunton & Williams Davis Polk & Wardwell - Rachel Kleinberg Common Stock Offering $207.2 million Pharmacyclics J.P. Morgan Olshan Frome Wolosky Davis Polk & Wardwell High-Yield Notes Offering $150 million Acadia Healthcare Company Merrill Lynch / Citigroup / Jefferies Waller Lansden Dortch & Davis Davis Polk & Wardwell - Samuel Dimon