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  • Ernst & Young restructures London foreign tax desks
    Professional services firm Ernst & Young is to restructure its French and German tax desks in London
    November 17 2002
  • Clifford Chance launches Barcelona tax group
    Clifford Chance has launched a tax department in Barcelona with a former Cuatrecasas tax lawyer
    November 17 2002
  • US treasury announces inversion transaction regulations
    The US treasury department has issued temporary regulations forcing companies to inform the Inland Revenue Service and their shareholders when they move their headquarters offshore or are bought by a foreign company
    November 17 2002
  • South Africa approves tax law changes
    South Africa approves tax law changes Sunday, 17-Nov-02 00:00:00 GMT NewsInBrief 11497 The South African national assembly in Cape Town has approved draft legislation seeking to amend several South African tax laws. According to reports in the South African press the Revenue Laws Amendment Bill deals with corporate reorganizations, foreign currency rules and issues for individuals and aims at clarifying the previous legislation and closing loopholes.
    November 17 2002
  • Hong Kong considers tax options
    Hong Kong considers tax options Sunday, 17-Nov-02 00:00:00 GMT NewsInBrief 11498 According to press reports, Hong Kong is considering tax reform and canvassing ideas for the 2003/4 budget to stem falling government revenues. Reports in the Hong Kong Standard predict tax increases including increasing the profits tax.
    November 17 2002
  • UK pre-budget report date announced
    The UK pre-budget report has been set for Wednesday November 27
    November 17 2002
  • Australia’s business council calls for tax reform
    Australia needs to reform its tax system in order to overcome the threat of being marginalized and missing out from the benefits of globalization
    November 17 2002
  • Cleary Gottlieb advises on $14 billion Household International deal
    Cleary Gottlieb Steen & Hamilton is representing HSBC Holdings on its acquisition of the consumer lender Household International
    November 17 2002
  • SEC accounting board chair steps down
    William Webster, the chair of the SEC’s accounting oversight body, has resigned less than three weeks after the body was created
    November 17 2002
  • Malaysian tax department threatens traders
    Malaysia traders have been told to pay the government the service tax they collect from customers as quickly as possible or face action by the country’s tax department
    November 17 2002
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