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  • Taxpayers have until next May to prepare for the introduction of changes to South Africa’s transfer pricing regime.
  • The Swedish government has announced it will set up a review of the country's corporate tax system, though it has not said when the inquiry will start or what topics it will cover.
  • Type of Agreement Country Country Date Signed Tax Information Exchange Agreement British Virgin Islands Portugal October 5 2010 Double Tax Treaty Amendment Cyprus Russia October 7 2010 Double Tax Agreement Ireland Montenegro October 7 2010 Tax Information Exchange Agreement Greece Guernsey October 8 2010 Double Tax Agreement Bahrain Mexico October 9 2010 Double Tax Agreement Cyprus Denmark October 11 2010
  • After launching his new Tax Policy Group last week, Algirdas Šemeta, European Commissioner for Taxation and Customs Union, Audit and Anti-Fraud, talks to International Tax Review about why he set it up, the challenges that lie ahead and the opportunities he sees for resolving some of the crucial bottlenecks in European tax policy.
  • Seven PwC advisers have become corporate tax partners in five Asian jurisdictions.
  • Siqueira Castro - Advogados has strengthened its ability to offer comprehensive tax advice to clients in Brazil by hiring two partners and 12 associates.
  • Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition $300 million DeNA ngmoco Fenwick & West Adam Halpern & Natalie Pardo de Zela Acquisition Undisclosed BNP Paribas AEW Europe's property management businesses in Central Europe Grant Thornton Jérôme Bogaert & Stéphany Brevos Arsene Taxand François Lugand & Franck Llinas Type of Deal Value Issuer/Borrower Lead managers/arrangers Adviser to issuer/borrower (tax) Adviser to lead managers (tax) High yield bond offering $414 million Picard Crédit Suisse, Citigroup, Morgan Stanley, Crédit Agricole CIB & Société Générale Shearman & Sterling Bernie Pistillo & Shiu-Kay Hung
  • The next 18 months will herald a widescale period of change for tax in India. It will force tax directors from domestic and international companies to completely reconsider their strategies and to seek efficiencies at all levels of their company's tax affairs.
  • Liberal Party leaders in Canada are proposing to defer corporate tax breaks that are scheduled to take effect next year.
  • The supermarket chain has settled a £115 million ($183 million) tax dispute with HM Revenue and Customs in the UK.