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  • A common corporate tax base may be suitable for Europe in the future but not now, says Chris Wales
  • Four of Mayer Brown Rowe & Maw's 39 new partners are from the tax practice. Olivier Parawan, a private equity/LBO and cross-border acquisitions specialist, becomes a partner in Paris; Heiko Penndorf, from Frankfurt, does banking products work, particularly securitisation, structured finance and real estate finance; Jeffrey Bruns, a tax transactions partner in Chicago, works on the formation and operation of partnerships and limited liability companies, particularly on transactions involving real estate assets and Nathaniel Carden is a tax controversy and transfer pricing specialist.
  • Thomas Giegerich has joined the New York office of McDermott Will & Emery as head of its federal tax practice. The former Dewey Ballantine partner specialises in taxable and tax-free mergers, acquisitions and divestitures, corporate restructurings, cross-border joint venture and distribution arrangements and finance transactions.
  • Samsung, a Korean electronics manufacturer. has appointed a new head of tax for South Asia and plans to add to the team in the coming months.
  • Romano Prodi, the Italian prime minister, has pledged to crackdown on tax evasion in the 2007 Budget and will open up the economy with reforms to encourage M&A.
  • Property investment in Europe will move to another level in 2007 when the EU's two biggest economies introduce real estate investment trust (Reit) regimes
  • Henry An Jin-Young (David) Lee On September 28, the Ministry of Finance & Economy (MOFE) announced comprehensive measures to improve the business environment in Korea. These measures include revisions to rationalise tax regulations.
  • US multinational groups investing in and through the Netherlands can benefit from changes to the Dutch Corporate Income Tax Act, believe Peter Willeme and Godfried Schutz of Deloitte
  • Jeffrey Trossman and Jeffrey Shafer of Blake Cassels & Graydon outline the result of the MIL Investments case and what it means for Canadian taxpayers
  • Uwe Stoschek and Helge Dammann of PricewaterhouseCoopers tell investors to stay awake to the constantly changing tax rules for German property