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The US House of Representatives finally caught up with the Senate in the first week of December, passing its own form of tax cut reconciliation legislation. The Senate had passed its own version before the Thanksgiving recess in November.

The UK Treasury announced three senior appointments on November 15.

Cerha Hempel Spiegelfeld Hlawati has opened an office in Romania in cooperation with Gilescu & Partenerii. The team comprises 11 attorneys.

Dutch dividend withholding tax is imposed on dividends distributed by Dutch tax-resident companies. The tax is in principle levied at a rate of 25%. Revenue for the Dutch government amounts to more than €1 billion ($1.182 billion) a year.

In November, there has been a flurry of activity in relation to the progress of cases being heard at or referred to the European Court of Justice (ECJ), as well as considerable activity in the UK domestic courts in relation to EC Treaty litigation.

Indian IT companies are meeting the demand for outsourcing services from US businesses. It makes it essential that to avoid unpleasant surprises they structure their tax affairs properly when they send staff to the US, argues Lloyd Pinto of Grant Thornton

Type of deal Valuer Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) M & A £2.18 billion Gala Coral Eurobet Ashurst, John Watson, UK Latham & Watkins, UK M & A $2.8 billion Gas Natural SDG SA Endesa SA Freshfields Bruckhaus Deringer, Javier Gazulla and Maria Mera, Spain Clifford Chance, Jose Ignacio Jimenez-Blanco, Spain M & A $1.3 billion St. Jude Medical Advanced Neuromodulation Systems Gibson, Dunn & Crutcher, Stephen Tolles, US Baker Botts, Steve Marcus and James Raborn, US M & A $1 billion Golden Gate Capital Geac Computer Borden Ladner Gervais, Larissa Tkachenko, Canada Blake, Cassels and Graydon, Jeffrey Trossman

Germany's new government has announced the immediate abolition of tax loopholes which are worth approximately €2bn ($2.4bn) in revenue.

Marks & Spencer has succeeded in convincing the European Court of Justice that it should be allowed to offset losses incurred by overseas subsidiaries against its UK tax bill. But it was not a total victory.