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  • Tax executives want dispute resolution procedures in Asia to evolve.
  • Anne Batter has rejoined Baker & McKenzie, where she was an attorney between 2000 and 2008, as a partner in the firm’s Washington, DC office.
  • Speaking in London today, Christine Lagarde, managing director of the IMF, said that if UK recovery does not take off, the government should consider fiscal stimulus measures including a temporary VAT cut.
  • Hogan Lovells has hired Michael Conlon QC as its new head of indirect tax in London.
  • Freshfields Bruckhaus Deringer has appointed Madrid partner Silvia Paternain as its new global head of tax.
  • Ron Parks has left Grant Thornton in Vietnam for KPMG’s transfer pricing practice in the same country.
  • Tax directors from 25 different multinational companies in seven countries have shared their experiences with advance pricing agreements (APA).
  • The Finnish government has agreed on the budget framework for the next two years. To balance the state economy, the government has decided on economic measures worth €2.7 billion ($3.5 billion).
  • Type of Agreement Country Country Date Signed Double Taxation Avoidance Agreement Mexico Qatar May 14 2012 Tax Information Exchange Agreement Denmark Guatemala May 15 2012 Tax Information Exchange Agreement Faroe Islands Guatemala May 15 2012 Tax Information Exchange Agreement Finland Guatemala May 15 2012 Tax Information Exchange Agreement Greenland Guatemala May 15 2012 Tax Information Exchange Agreement Iceland Guatemala May 15 2012 Tax Information Exchange Agreement Norway Guatemala May 15 2012 Tax Information Exchange Agreement Sweden Guatemala May 15 2012 Double Taxation Avoidance Agreement Peru South Korea May 17 2012
  • If tax authorities are to combat double non-taxation then the application of targeted linking rules, and not harmonisation, is the only realistic option.