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Yet another large multinational company has relocated its operations to Ireland, citing the country's low corporate tax rate as "not the primary reason behind the move".

Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition $2.9 billion Cisco Systems Starent Networks Fenwick & West Ron Schrotenboer & Amanda Athanasiou Wilmer Hale Roger Ritt Acquisition £1.45 billion ($2.37 billion) Global Infrastructure Partners Gatwick Airport Slaughter & May William Watson & Abigail McGregor Acquisition $655 million GrainCorp United Malt Holdings Mallesons Stephen Jaques Justin Cherrington Acquisition €370 million ($551 million) Sanofi-aventis Fovea Pharmaceuticals Willkie Farr & Gallagher Acquisition Undisclosed Bloomberg BusinessWeek Willkie Farr & Gallagher Acquisition Undisclosed Towry Law Edward Jones Slaughter & May Richard Carson If you would like to raise the profile of your firm, please send deal information to Jack Grocott (jgrocott@euromoneyplc.com).

The Brazilian government has introduced a two per cent financial transaction tax on foreign investments in Brazilian stocks and fixed-income securities.

Ashland, a Fortune 500 chemical company, has appointed Scott Gregg as vice president, tax. He will have oversight responsibility for global taxation, including income tax compliance and controversy management, tax strategy and planning, sales and use tax, property tax and income tax accounting.

Hwuason has added two advisers to its international tax practice. Matthew McKee joins from Lehman, Lee & Xu, He is an Australian qualified lawyer who advises clients on Australian and Chinese issues. Gloria Tang is a China tax specialist who comes to the firm from PricewaterhouseCoopers.

A former international tax partner of Ernst & Young has joined NERA Economic Consulting

Transfer Pricing Associates, a leading independent provider of global transfer pricing and valuation services, formed a strategic alliance with a Canadian consultancy

As transfer pricing continues to trouble taxpayers around the world, taxpayers are warned not to cut corners in their documentation when requesting APAs.

The Swedish government has announced that it will enact an advance pricing agreement (APA) programme from January 1 2010

Kathrine Kimball, Richard Cooper and Deba Ghosh join the firm as vice presidents.