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  • Indian law firm Lexindia has launched a tax group in New Delhi attracting key big-four personnel and a corporate tax director. The firm, which also has offices in London, New York and Paris, has hired the former senior partner of PricewaterhouseCoopers India, Amal Ganguli and corporate tax director Vinod Sablok.
  • UK law firm Mishcon de Reya has boosted its tax practice with the hire of private client partner Andrew Goldstone. Goldstone, who joins from Freeman Business Information, focuses on capital tax planning, employee share schemes and UK and offshore trusts. He will be developing the firm's tax group and cited this as a reason for joining the firm saying: "The chance to develop the tax capability will provide me with the stimulating challenge and opportunity I've been seeking."
  • On May 20 Mahathir Mohamad, the prime minister of Malaysia, announced an economic aid package that includes wide-ranging tax cuts. There will be a temporary reduction in the rate of employee pension fund contributions, income tax exemptions for companies with operational headquarters in Malaysia and tax breaks for companies involved in the travel and tourism industry.
  • The US Public Company Oversight Board, created by last year's Sarbanes-Oxley Act has named a KPMG partner as deputy chief auditor. Thomas Ray will work with the board as it oversees the accounting industry. Before joining KPMG Ray worked at the American Institute of Certified Public Accountants.
  • by Timothy J McCormally, Executive Director, Tax Executives Institute
  • The Lovells tax practice comprises 18 tax partners and 35 associates. Lovells provides a comprehensive range of international and domestic business and corporate tax planning services. The firm has its own tax capacity in the offices listed below.
  • Companies will soon need to adjust to new rules governing the utilization and creation of revenue losses, if legislation currently before parliament is enacted. The changes are largely beneficial to companies and are proposed to apply from the income year in which July 1 2002 falls.
  • Attorneys ? Tax Advisors
  • José Abascal, 45, 28003 Madrid, Spain
  • Zurich, Switzerland