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  • Constantine Lusignan-Rizhinashvili:
  • Ernst & Young has announced the establishment of national financial services asset management tax practice in the US. Michael Serota, chief of the firm's global hedge fund tax practice will be Market Leader of the new group.
  • When South Africa introduced capital gains tax (CGT) in 2001 it modelled the applicability of its domestic law, in relation to non-residents, on lines similar to those adopted in the OECD model.
  • Sed Crest talks to Reuven Avi-Yonah, a former consultant to the US delegation to the OECD harmful tax competition forum, about the role of multilateral organizations in tax policy and how tax policy cooperation threatens international tax planning
  • Michael Bersten and Dan McInerney of PricewaterhouseCoopers Legal give tips on how to avoid anti-avoidance rules
  • PricewaterhouseCoopers' Neil Wilson analyzes how tax functions and traditional roles are changing
  • By Andy Newsome, Philip Mills and Sean Randall, Deloitte, London
  • Unlike the individual income tax reform (expected in 2006 and to enter into force in 2007) whose main lines have already been announced, little detail of the corporate income tax reform had been made public until now.
  • When you consider an M&A deal, you must also take into account the tax issues that are likely to interest revenue authorities when you attempt to carry out such a transaction. International businesses need world-class advice from world-class advisers to help them through the task of dealing with the complex M&A tax rules that some countries have passed
  • By Steven Harris (US), Damian Preshaw (Australia) and Daisuke Horiguchi (Japan)