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  • French firm Caubet Chouchana Meyer has hired a former Andersen tax manager.
  • The US has said it was disappointed but unsurprised after the World Trade Organization (WTO) overruled its appeal against EU claims that tax breaks for US exporters constituted an illegal export subsidy
  • CMS Hasche Sigle is expanding its German tax team with lateral hires from PricewaterhouseCoopers’ Stuttgart office
  • The Chinese Ministry of Information Industry has announced that it began eliminating tariffs on certain technology products on January 1.
  • Approximation of laws – Directive 90/434/EEC – Common system of taxation applicable to mergers, divisions, transfers of assets and exchanges of shares – Transfer of assets or of a branch of activity – Meaning.
  • The CMS network is expanding its European reach by adding Italian firm Adonnino Ascoli & Cavasola Scamoni as a member
  • The Mexican fiscal package that was finally adopted on December 31 last year looks like it will raise less than half of the $13 billion in new funds suggested in the original version
  • A recent announcement that a committee is to be set up to look at reforming the Israeli taxation system has been met with skepticism, as critics say they have seen the findings of similar committees rejected
  • Argentina’s tax system has been plunged into uncertainty following the country’s currency devaluation and economic problems
  • China is to phase out preferential tax treatment for foreign companies under its World Trade Organization obligations