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  • The US Treasury Department and the IRS issued guidance for tax advisers as part of their campaign against abusive tax avoidance transactions. The guidance provides a set of best practices to ensure that tax advisers adhere to the highest ethical standards and inform their clients of any potential risks in certain tax transactions.
  • Gary Richards, formerly of US law firm Weil Gotshal & Manges, joined Berwin Leighton Paisner (BLP) as a corporate tax partner on January 5 2004
  • The Indian government has clarified which business process outsourcing (BPO) activities are tax-exempt for foreign companies in India
  • In November 2003 the European Commission issued its latest comprehensive monitoring report on the state of preparedness for EU membership
  • Thierry Pons, co-head of the banking and finance department at EY Law (affiliated law firm of HSD Ernst & Young in France) joined Lefèvre Pelletier & associés as a partner on January 1 2004. He was accompanied by two associates and will continue to develop his tax practice in the areas of banking and finance, financial instruments, capital markets and international tax.
  • A voluntary redundancy programme at Landwell in France could see the PricewaterhouseCoopers-associated law firm lose many of its tax specialists
  • Ralph Cunningham International tax directors require external tax expertise on two levels. They need to structure their corporation's activities to comply with the tax legislation and regulations laid down by the revenue authorities in the countries in which they operate. And they need effective tax planning to make sure the transactions with which their company is involved, such as M&A, deliver the maximum advantage to their organization.
  • By Mauricio Hurtado, Raul Sicilia and Mauricio Rivero, PricewaterhouseCoopers
  • By Luis Linero, Deloitte, Mexico City
  • By Jaime González-Béndiksen and Genaro Martínez-Siller, Baker & McKenzie