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  • The Confederation of British Industry (CBI) is calling for the chancellor to stop raising the tax burden for business ahead of Chancellor Gordon Brown’s pre-Budget report
  • KPMG has created a Canadian tax centre of excellence in its New York office
  • Professional services firm Ernst & Young has cautioned against the UK government rushing into corporate tax reform
  • CMS Bureau Francis Léfèbvre (BFL) has been hit by the departure of a group of six tax lawyers led by Renaud Streichenberger
  • Shearman & Sterling advises Deutsche Bank on tax deal Sunday, 10-Nov-02 00:00:00 GMT NewsInBrief 11437 Shearman & Sterling has represented Deutsche bank on the sale of parts of its Global Securities Services business to State Street. State Street will pay up to $1.5 billion in cash or a combination of cash and stock for the business though the price is subject to adjustment.
  • Controversy over the selection process for the new public oversight panel in the US caused the Chairman of the Securities and Exchange Commission (SEC), Harvey Pitt, to resign on November 5 2002
  • US law firm Sullivan & Cromwell has advised Cablevision Systems on the sale of its Bravo programming service to NBC
  • The European Commission is putting Italy before the European Courts of Justice for delaying the return of VAT
  • US firm Sullivan & Cromwell has lured a tax partner from French firm Jeantet et Associes
  • Articles 43 EC and 48 EC – Company formed in accordance with the law of a member state and having its registered office there – Company exercising its freedom of establishment in another member state – Company deemed to have transferred its actual centre of administration to the host member state under the law of that state – Non-recognition by the host member state of the company's legal capacity and its capacity to be a party to legal proceedings – Restriction on freedom of establishment – Justification.