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  • By Dr Wolfgang Blumers, Dr Sven-Christian Witt, Dr Robert Amann, Dr Rudolf Mikus of Gleiss Lutz, Berlin, Frankfurt, Munchen and Stuttgart
  • By Steven Baum, Douglas Ewens, QC, Gabrielle Richards, Rosemarie Wertschek, QC and Jerald Wortsman, of McCarthy Tétrault LLP, Canada
  • The Cook Islands has signed up to the OECD’s initiative on harmful tax practices by committing to improve transparency and establish an effective regime for exchanging tax information by the end of 2005
  • Gleiss Lutz
  • By Tobias Lintvelt, Shin Nihon (Showa Ota) Ernst & Young, Tokyo
  • By Emma Nendick, Herbert Smith, London
  • By Luca Dezzani and Nicola Spadafora of Zini & Associates, Milan
  • A New York Stock Exchange arbitration panel has slapped Merrill Lynch with a $3 million penalty in a case claiming that the firm provided negligent advice with regard to employee stock options
  • Merger discussions between KPMG and Andersen could be jeopardized by the announcement that the China and Hong Kong practices have decided to join PricewaterhouseCoopers instead
  • Sweden’s Economic Crimes Bureau is investigating Ericsson to see if the mobile phone handset-maker has misled the country’s tax authorities