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Nélio B Weiss Philippe Jeffrey The Brazilian Congress approved by means of Decree 559, and published in the Official Gazette of August 9 2010, the text of the Double Tax Treaty (DTT) concluded on February 14 2005 between Brazil and Venezuela. The DTT still needs to be officially incorporated into Brazilian legislation through the issuance of a presidential decree to become effective.

A monthly commentary on the notable facts, figures and goings-on in the tax world. Suitable items should be sent to taxrelief@euromoneyplc.com

Gorrissen Federspiel's new joint head of tax started at the firm on November 1.

ATMD Bird & Bird has appointed Sundareswara Sharma as partner and head of tax in the Singapore office. In addition to being part of the firm's international tax group, Sharma will also be active across the firm's corporate and commercial groups.

Allen & Overy has added one more partner to its tax department in Paris.

Mika Persson Jacob Mattsson On August 30 2010 the Swedish tax agency gave its view on the application of one of the escape clauses under the interest deduction limitation rules, the so-called 10% rule.

Daniel Armesto The potential impact of the Spanish inheritance and gift tax (IGT) has traditionally been an influencing factor in shaping the ownership structure of properties in Spain belonging to nonresident individuals. However recent legal developments in Spain regarding both nonresident income tax (NRIT) and IGT may impact the way that such investments are structured in the future. In some cases nonresidents may be entitled to claim a refund of Spanish taxes previously paid to the Spanish revenue in connection with transfers of Spanish properties.

Pawel Szymanski Amendments to the Polish corporate income tax regulations refer, among other things, to exemptions from taxation of dividends that comply with the EU Directive 90/435/EWG.

With the April 2011 effective date for the country's GST looking unlikely to be achieved, Amrita Mitra of Grant Thornton argues that taxpayers should use this delay to their advantage and begin preparing for the new tax.

On November 17 the Bipartisan Policy Centre’s Debt Reduction Task Force (Task Force) released its anticipated plan to reduce US debt. The Task Force, co-chaired by former White House budget director and Federal Reserve vice-chair Dr. Alice Rivlin, and former Senate Budget Committee Chairman Pete Domenici, proposed a broad-based tax on goods and services. The tax, intended to revitalise the US economy, is described in a 140-page report, titled “Restoring America’s Future.”