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  • The taxpayer has lost its last chance to reverse a UK court decision in a test case over franked investment income and advance corporation tax (ACT).
  • The US law firm's London office is set to benefit from the appointments of James Hill and Michael Cashman. Hill, who starts on June 4, deals with M&A, corporate finance, group reorganisations, and venture capital investments. He joins from Morgan Lewis & Bockius. Cashman joins from Wilmer Hale on June 18. He advises on company listings, M&A and private equity transactions, UK/ US company restructurings, and the establishment of US business operations in the UK and Europe.
  • Euromoney Institutional Investor is looking for a senior professional to head up a new institute for heads of taxation.
  • Finance ministers from the G8 countries met in Potsdam in Germany over the weekend, and discussed some explosive tax matters.
  • The Swiss government has ruled out formal negotiations with the EU to resolve the controversy over the country's corporate tax system.
  • Some of the most controversial parts of the Sarbanes-Oxley legislation may undergo change this week.
  • Japan's tax deferral for triangular mergers is expected to encourage cross-border M&A.
  • The Australian government has announced new laws to regulate the tax profession.
  • Members of Illinois' House of Representatives voted 107-0 against plans to tax businesses by an extra $7.6 billion.
  • Stéphane Salou joins the law firm from Orrick, where he was head of corporate tax.