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  • Ceteris, a US transfer pricing firm, is opening an office in Mexico City through an exclusive arrangement with Ortiz, Sosa, Ysusi y Cia, a local law firm. Ricardo Suarez, the head of transfer pricing at Ortiz, Sosa, Ysusi y Cia, will lead the new group.
  • Union government signs with Luxembourg and completes negotiation with Cyprus
  • Ong Sim Ho, a well known tax litigator in Singapore, closed his tax boutique of the same name and moved to Drew & Napier on March 3. Ong, who is a former official of the Inland Revenue Authority of Singapore, had run his own firm since December 2001.
  • Deals: Warner Chilcott signs five year APA deal with IRS
  • Two years ago, the Polish finance ministry introduced an advance pricing agreement programme. Artur Klesk, head of the transfer pricing practice in Accreo Taxand, argues that despite its strengths, the programme has critical weaknesses
  • Smaller firms come to the fore in International Tax Review's first annual poll to find the world's leading tax transactional and planning practices
  • Marco Da Re and Davide Bergami of Ernst & Young in Italy argue that Italy's independent line on permanent establishment could be a source of future problems for business
  • Omar Zúñiga, GE's corporate tax director in Mexico, argues that simplicity is the long-term goal of the recent tax reform. The government will be under pressure to achieve its objectives
  • Gerard Cops and Tom Wallyn, of PricewaterhouseCoopers, argue that new Belgium-US tax treaty breaks new ground. Belgium could become an important gateway for US-inbound and outbound investments
  • Pierre-Yves Bourtourault, of Baker & McKenzie in Paris, examines the impact of recent French permanent establishment rulings on multinational companies operating in France