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  • Chandrima Bhattacharya, Manish Matta and R Vivek Dharma Sankaran of Deloitte Haskins & Sells say the Indian government should forge more careful tax policies if it wants to maintain India's advantages
  • Alexei Kuznetsov and Irina Bykhovskaya of Ernst & Young comment on why a financial institution may need to employ transfer pricing methodologies in its Russian operations
  • As investors continue to pour money into the local Brazilian capital markets, it is crucial for them to understand how they will be taxed, believe Simone Frizzo and Carlos Romero of Ernst & Young
  • Changes have been proposed by Jim Flaherty, Canadian Minister of Finance, that will alter the Income Tax Act for Canadian businesses with foreign affiliates and those that report earnings in a foreign currency.
  • Neil Barr has been promoted to partner in the tax group of Davis Polk & Wardwell.
  • Greig Gailey, president of the Business Council of Australia (BCA) has slammed suggestions of limiting the scope of tax reform, saying it would reduce the opportunity for Australia to become the world's top place to live and do business.
  • Paul Stepak Tracey Woo On April 22 2008, the Tax Court of Canada released its decision in Prevost Car Inc. v. The Queen (Prevost). At issue was whether a Netherlands holding company (BV) was the beneficial owner of dividends paid by its Canadian subsidiary, Prevost Car, for purposes of the reduced withholding tax rate on dividends under the Canada-Netherlands income tax convention (treaty).
  • Cyprus is a low-tax jurisdiction. It's economic and regulatory regimes follow the code of conduct for business taxation, comply with the requirements of the OECD and adopt EU directives.
  • Clemens Hasenauer Johannes Prinz The Austrian parliament has passed new legislation (Schenkungsmeldegesetz 2008) which has introduced several major changes in Austrian tax law as of August 1 2008. Some of them are highlighted below.
  • Freshfields Bruckhaus Deringer won the European Tax Firm of the year award at the European awards dinner in London