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  • Ernst & Young-Andersen France merger wins EU approval
    The European Commission has cleared the proposed merger between Ernst & Young, France, and most of Andersen France’s business, leaving the path clear for the two firms to create France’s largest professional services group
    September 07 2002
  • Canada negotiates succession of tax treaties
    The Canadian government has signed a series of tax treaties to end double taxation between Canada and Norway, Moldova and the United Arab Emirates
    September 07 2002
  • Singapore eases stock-option tax burden
    Singapore-based foreign workers that leave their jobs before exercising their stock options will now be treated for tax purposes as if they exercised them when they ceased employment
    September 06 2002
  • A&L Goodbody hires head of VAT from KPMG
    A&L Goodbody hires head of VAT from KPMG Saturday, 7-Sep-02 00:00:00 GMT NewsInBrief 11009 Irish firm A&L Goodbody has lured a tax partner from KPMG to be its new head of value-added tax (VAT).
    September 06 2002
  • A&O raids Ernst & Young to expand Dutch tax team
    Allen & Overy has hired a team of Ernst & Young tax lawyers to strengthen its Dutch M&A practice
    September 06 2002
  • Chile waters down tax reforms
    The Chilean government has announced amendments to its reform package announced on July 18 after admitting that the original package was flawed
    September 04 2002
  • The arm's-length principle - when the burden of proof shifts
    The tax authorities have lost a transfer pricing case in the Dutch Supreme Court. Following the new codification of the arm’s-length principle, however, taxpayers may not always be so lucky – insufficient transfer documentation can reverse the burden of proof. By Dave Rutges, Eduard Sporken and Barry Larking, KPMG Meijburg & Co, Amstelveen, the Netherlands
    August 31 2002
  • New treaty with Luxembourg
    As of January 1 2002, there is in effect an income tax treaty between Luxembourg and Mexico (the Treaty). This treaty not only adds an important European finance centre to Mexico's already broad tax treaty network but it also normalizes Luxembourg's status for tax purposes within the terms of Mexican law.
    August 31 2002
  • M&A deals
    KPMG Consulting
    August 31 2002
  • Legrand buyout
    Kohlberg Kravis Roberts & Co together with Wendel Investissement have announced the leveraged buyout of Legrand from Schneider Electric. The transaction has a value of over Eu5.1 billion ($4.9 billion) and represents Europe's biggest ever private equity financed leveraged buyout. The acquisition will be financed by debt jointly arranged by CSFB, Lehman Brothers, and the Royal Bank of Scotland.
    August 31 2002
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