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  • By Xavier Etienne of Landwell & Associés
  • By Alan Granwell and Robert Rothman of DLA Piper
  • By Jean-Blaise Eckert and Heini Rüdisühli, Lenz & Staehelin
  • By Stephen Nelson and Jin Qingjun of King and Wood
  • Taxpayers should generally find it easier to manage their affairs in France following the new Finance Act and changes to last year's version, believe Ambroise Bricet, Marie-Pierre Hoo and Patrick Fumenier of Taj
  • Jeffrey Faber Jeffery Faber has been promoted to Senior Vice President – Finance at Bear Stearns in New York. Faber joined the company in May 2000 and was made controller and principal accounting officer in 2004. He will retain the duties of this role and will in addition oversee the tax and global procurement areas at the firm.
  • Akio Takisaki The new tax treaty between Japan and France was signed on January 12 2007. The new treaty will become effective in 2007 by ratification and be applicable to the following taxes in Japan:
  • Stephen Nelson The PRC Enterprise Income Tax Law was passed by the PRC National People's Congress on March 16 2007 and will enter into effect on January 2008. The law closely follows the draft that was circulated to deputies of the National People's Congress in December, with only minor changes having been introduced by the NPC.
  • Dirk Van Stappen The new transfer pricing circular letter, dated November 14 2006, provides further guidance to Belgian tax inspectors (and to taxpayers) on how a transfer pricing audit should be performed. Through this circular letter, the Belgian tax authorities are also fully aligning themselves with the provisions of the European Commission's Code of Conduct on Transfer Pricing Documentation (based on the work of the EU Joint Transfer Pricing Forum).
  • The UK chancellor of the exchequer's gave taxpayers a break with one hand, but snatched it back with the other in the 2007-2008 UK budget.