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  • Two Palo Alto Square
  • Christian Stewart JP Morgan Private Bank has hired a Pricewaterhouse-Coopers tax partner to head its Asian wealth advisory practice. Christian Stewart, who was named one of the leading tax advisers in Hong Kong and Mainland China in a survey by International Tax Review, joined the firm on July 3 and is based in Hong Kong.
  • Spanish tax law provides for a 3:1 debt-to-equity ratio for the net interest-bearing indebtedness of Spanish companies towards non-resident related parties. Interest accrued on any indebtedness that exceeds this ratio is considered as a dividend for tax purposes. The ratio does not apply to financial entities.
  • A report by the US Treasury Department proposes attacking corporate inversions through stricter enforcement of the earnings stripping rules. By Isaac Grossman and Victoria Litz, Clifford Chance Rogers & Wells LLP, New York
  • Speculation on the future of accounting continues to grow in the wake of a spate of accounting scandals. With the embattled Andersen's reputation further damaged by the WorldCom accounting fraud, and companies including Xerox being cast into doubt there's increasing pressure to restore confidence in the industry.
  • Toronto
  • Toronto:
  • MILLAR MWK Tax Lawyers
  • 227 W Monroe Street, 44th Floor
  • International Tax Services