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  • A dizzying pace of growth is one of the main challenges for Asia's tax directors. Our cover feature this month identifies the 10 most admired tax directors in the region. We also examine the central messages emerging from regional tax directors.
  • Robert MacDonald and Robert Abel of Gide Loyrette Nouel challenge proposed new US tax rules for fund managers
  • Bryan Bailey Jeffrey Shafer On June 13 2007, a three-judge panel of the Federal Court of Appeal unanimously upheld the tax court of Canada's August 2006 decision in MIL (Investments) S.A.V.R. This was the first treaty-shopping case litigated in Canada.
  • Clemens Hasenauer Johannes Prinz In decisions dated March 7 2007 and June 15 2007, the Austrian Constitutional Court (Verfassun gsgerichtshof) repealed the inheritance and gift tax. The repeal will come into effect as of July 31 2008 unless the Austrian legislator amends the tax before this date.
  • James MacLachlan and John Fairley of Baker & McKenzie examine the UK government's thinking on the taxation of foreign profits
  • Prague parliament Corporate taxes in the Czech Republic will be cut to 21%. This is a key result of a vote on a wider package of tax reforms which was passed by the Czech parliament.
  • Mishcon de Reya has recruited a new tax partner from Dewey Ballantine. David Blumenthal joins Mischon's corporate and commercial department. He was at Dewey Ballantine as a UK tax partner since 2004.
  • Credit Suisse tax director Edouard Markson has joined law firm Chadbourne & Parke as tax partner in its New York office.
  • Joan O'Connor has been selected as the new president of the Irish Taxation Institute (ITI). An international tax partner with Deloitte, she has 25 years' experience in the taxation profession, advising Irish domestic public and private companies and inbound multinational companies.
  • Thomas Busching, of Squire, Sanders & Dempsey, looks at the downside of an attractive corporate tax rate