Search results for

Business people in Germany have attacked the corporate tax reform plans of finance minister Peer Steinbrück.

The Oxford Centre for Business Taxation has appointed Mike Devereux, an economist, as its first director. Ralph Cunningham spoke to the new appointment about the work that will be done in Oxford and his hopes for how it can help policy makers

Type of deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition €140 million ($179 million) Boundary Capital (Ireland) The Club Company (UK) Bird & Bird Mathew Oliver (UK) Acquisition $1.59 billion WPS Resources (US) Peoples Energy (US) Cravath, Swaine & Moore Stephen Gordon, Anne Kim, Sean K Thompson (US) LeBoeuf, Lamb, Greene & MacRae US Acquisition £460 million ($870 million) Premier Foods (UK) Campbell Soup (US) Weil, Gotshal & Manges Sarah Priestley (UK) Freshfields Bruckhaus Deringer UK Acquisition and combination €2.85 billion ($3.64 billion) Cinven (Pan European), Warburg Pincus (US) Casema (Netherlands), Multikabel (Netherlands) Ashurst Richard Palmer, Helen Burton (UK) Acquisition $190 million Apax (UK) Central European Media (CME) Skadden Arps Slate Meagher & Flom US Debevoise & Plimpton Peter Furci, Bruce Haims (US) Acquisition $302 million Crestview (US), management board of Munder Capital Management Munder Capital Management (US) Skadden Arps Slate Meagher & Flom Katherine Bristor (US) Wachtell, Lipton, Rosen & Katz Jared Rusman (US) Acquisition $2.8 billion Doughty Hanson (UK), Providence Equity Partners (UK) The Cauldwell Group (UK) Doughty Hanson: Skadden Arps Slate Meagher & Flom Tim Sanders (UK) Eversheds UK Acquisition attempt $1.6 billion IBM (US) FileNet (US) Cravath, Swaine & Moore Andrew Needham, Joseph Leti (US) Latham & Watkins US Acquisition $300 million Wenner Media (US) US Weekly (US) Skadden Arps Slate Meagher & Flom Barnet Phillips (US) Acquisition £101 million ($191 million) Pearson (UK) Mergermarket (UK) Freshfields Bruckhaus Deringer Roger Berner (UK) Merger $3.3 billion Weyerhaeuser (US) Domtar (US) Cravath, Swaine & Moore Andrew Needham, Rolf Zaiss, Annie Kim (US) Debevoise & Plimpton Gary Friedman (US), Ogilvy Renault Canada Acquisition $1.3 billion IBM (US) Internet Security Systems (US) Cravath, Swaine & Moore Andrew Needham, Justin Howell (US) Weil, Gotshal & Manges US Acquisition SKr 11.9 billion ($1.64 billion) LogicaCMG (UK) WM data (Sweden) Herbert Smith UK and France, Setterwalls Sweden, Gleiss Lutz Germany, Stibbe Netherlands, Castrén & Snellman Finland, Advokatfirmaet Schjødt Norway White & Case Acquisition $6 billion SL Green Realty (US) Reckson Associates Realty (US) Clifford Chance US Wachtell, Lipton, Rosen & Katz T. Eiko Strange (US) Acquisition $532 million Time Warner (US) Xspedius Communications (US) Wachtell, Lipton, Rosen & Katz T. Eiko Strange (US) Taft Stettinius & Hollister US Acquisition $4 billion Pan-Pacific Retail Properties (US) Kimco Realty (US) Latham & Watkins US Wachtell, Lipton, Rosen & Katz David Einhorn (US) Type of deal Value Issuer Lead managers Adviser to Issuer Adviser to lead managers Project finance €1.16 billion ($1.48 billion) Interbiak (Portugal) European Investment Bank (EU) Uría Menendez Portugal Equity placing £900 million ($1.7 billion) Aviva (UK) JPMorgan Cazenove (US), Hoare Govett (UK), Morgan Stanley (US) Slaughter and May Graham Airs, Liam Kane (UK) IPO £423 million ($800 million) Southern Cross Healthcare (owned by Blackstone Group (US)) Morgan Stanley (US), UBS (US) Clifford Chance UK Linklaters UK IPO $440 million Nikanor (Congo) JPMorgan Cazenove (US) Freshfields Bruckhaus Deringer UK Collateralized debt obligation $1 billion New Bond Street CDO 1 plc (UK) IXIS Corporate and Investment Bank (France) Freshfields Bruckhaus Deringer Murray Clayson, Andrew Thomson (UK) Robert Scarborough, Angela Sellman (US) Debt offering $500 million Expedia (US) JPMorgan (US), Lehman Brothers (US) Wachtell, Lipton, Rosen & Katz Jodi Schwartz (US) Simpson Thacher & Bartlett US

A German finance ministry report measuring economic product against corporate tax returns found businesses here avoided €65 billion-worth of levies by taking advantage of low-tax jurisdictions. Die Welt, a German newpaper, reported the government's findings and a finance ministry spokesperson later confirmed these.

Mark Everson, the Internal Revenue Service commissioner, will head the forum on tax administration, part of the OECD's committee on fiscal affairs

Dedicated to helping business grow

Manuel Candal: "Our firm will be well considered because our approach is based on specialization." The compliance burden associated with the Sarbanes-Oxley Act has driven Manuel Candal, formerly head of international tax services (ITS) for PricewaterhouseCoopers in Venezuela, to start his own firm.

Law 248 of August 4 2006 converted into law, with amendments, Law Decree 223 of July 4 2006 (the Decree). The amendments to the Decree (the Amendments) are effective as of August 12 2006.

After an in-depth investigation opened on February 8 2006, the European Commission concluded on July 19 2006 that a Luxembourg preferential tax regime, the Exempt, Milliardaire and Financial Holdings of 1929, violates EC Treaty state aid rules (article 87).

The tax priority in a UK commercial mortgage-backed conduit securitization is to ensure the conduit does not enable investors to profit from the parent company's success. Claire Jones looks at how this was done for the recently-launched Windermere VIII conduit, the biggest of its kind in the UK