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  • Baker & McKenzie in Beijing has promoted Jinghua Liu to partner.
  • Paulo Nuncio, a tax partner of Garrigues in Lisbon, is the new secretary of state for tax matters, reporting to the minister of finance, in the new Portuguese coalition government.
  • Steve Suarez has joined Borden Ladner Gervais as a partner in Toronto.
  • As Europe and the US braces for a potential second economic meltdown, Asia continues to be beacon of growth with increased M&A activity and rapid business expansion. Jack Grocott speaks to the region’s tax directors to highlight the challenges they face and outline what multinationals need to consider before investing in Asia.
  • PwC in the US has hired a new partner in the Latin American tax practice based in Miami. Jose Leiman takes on the role.
  • The Russian parliament has finally overhauled the country’s rules After years of delay, the Russian parliament has finally passed the new transfer pricing rules, though there have been significant amendments.
  • The IRS plans to investigate PE issues more aggressively
  • Taxpayers in Vietnam have long been calling for APAs An industry body has revealed that the Vietnamese government will introduce an advance pricing agreement (APA) programme in its tax code.
  • The Mumbai Tribunal has ruled that a software payment is not a royalty under the India-Israel double tax treaty.
  • Slobodan Mihajlovic Marko Milojevic During the first decade of 21st century the usual way to finance your investment in Serbia was to obtain a loan from a parent company or from the banks. The financial crisis changed this approach and the rules regarding the taxation of interests evolved accordingly.