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  • The Alliance of Gleiss Lutz, Herbert Smith and Stibbe won the European Tax Firm of the Year award for the first time at International Tax Review's European Tax Awards in London last night.
  • Type of Agreement Country Country Date Signed Tax Information Exchange Agreement Cayman Islands Portugal May 13 2010 Double Tax Treaty Panama Qatar May 13 2010 Tax Information Exchange Agreement Bermuda Italy May 17 2010 Double Tax Treaty Hong Kong Hungary May 17 2010 Double Tax Treaty Hong Kong Kuwait May 17 2010 Tax Information Exchange Agreement Australia Marshall Islands May 18 2010 Double Tax Treaty Saudi Arabia Philippines May 18 2010 Double Tax Treaty Saudi Arabia Poland May 18 2010
  • The taxation of indirect transfers and a constant threat of audits and controversy are two of the biggest concerns facing Asian tax directors.
  • Singapore last week officially launched the country's first accreditation body for tax professionals.
  • The Australian government hopes a new R&D tax law will increase the benefits available to taxpayers and those undertaking services in Australia for foreign parent companies.
  • International Tax Review's weekly round up of the biggest deals and transactions.
  • Lily Batchelder has joined the US Senate Finance Committee as chief tax counsel.
  • The new UK coalition government has announced that an emergency budget will be held on June 22.
  • The domiciliation of several large UK football clubs in low tax jurisdictions is criticised by a report from a charity which also highlights the plight of developing countries in their efforts to gather tax revenues.
  • K&L Gates has strengthened its international tax practice with the launch of a group in Frankfurt and the hiring of a partner in Palo Alto.