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  • Tax advisers and lawyers competed fiercely for the Asia Awards in Singapore in November
  • The decision of the UK tax authorities to extend the deadline for taxpayers wanting to declare offshore accounts has been welcomed by a leading tax organisation
  • Algirdas Šemeta has been proposed as the incoming European commissioner for taxation, customs union, audit and anti-fraud
  • KPMG took the top award for transfer pricing at International Tax Review’s Asia Tax Awards in Singapore last Tuesday
  • The OECD has released a revised discussion draft for a new article seven of its model tax convention, which relates to permanent establishments
  • Twelve years after Brazil introduced transfer pricing laws and enacted the arm’s-length standard, Luiz Felipe Ferraz and Alexandre de S Almeida of Demarest e Almeida Advogados in Brazil assess whether the standard is being adhered to and what the future holds for transfer pricing in Brazil
  • Recent tax changes announced in the Netherlands budget will not affect transfer pricing, but intangibles have become a target for tax authorities
  • The US Congress has outlined plans that will drastically reshape the way US issuers sell bearer bonds to non-US investors.
  • PricewaterhouseCoopers won the Asia tax firm of the year award at International Tax Review's fourth Asia Tax Awards in Singapore last night.
  • Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition Undisclosed Daimler AG & Aabar Investments PJSC Brawn GP Taylor Wessing Peter Jackson Acquisition Undisclosed Resolution Limited Friends Provident Group Davis Polk & Wardwell John Paton Type of Deal Value Issuer/Borrower Lead managers/arrangers Adviser to issuer/borrower (tax) Adviser to lead managers (tax) Tranche deal £715 million ($1.18 billion) Virgin Media Fried Frank Keith Featherstone & Lisa Levy Notes Offering €405 million ($606 million) TVN Finance Corporation JP Morgan & Nomura Simpson Thacher & Bartlett Meredith Jones & Seojung Park If you would like to raise the profile of your firm, please send deal information to Jack Grocott (jgrocott@euromoneyplc.com).