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  • Articles 43 EC and 48 EC – Scope of applicability of the Centros judgment – Lack of capacity to bring legal proceedings of a BV which has moved its actual head office to Germany.
  • The offices of CMS Cameron McKenna and CMS Bureau Francis Lefebvre have joined forces in Bucharest, in a move aimed at improving client services to take advantage of increased business opportunities in Romania
  • Authorities in the Cayman Islands are fulfilling their commitment to the OECD by signing a tax information exchange agreement with their US counterpart
  • India must rethink proposed e-commerce taxation if the country is to succeed in the global online economy, according to a committee of international specialists
  • Skadden Arps Slate Meagher & Flom has become the latest US firm to set up a UK tax practice by hiring a partner from fellow US firm McDermott Will & Emery.
  • The UK chancellor of the Exchequer has declined to grant corporation tax relief on share options in his latest pre-budget statement, though he pledged to consider whether a deduction should be made available in the future and how access to it could be streamlined
  • The French government has continued its climb down over the high charges for third generation (3G) mobile phone operators by setting a low annual tax on revenues
  • The Business Coalition for Tax Reform has named the chief financial officer of John Fairfax Holdings as its new chairman, to spearhead lobbying on behalf of Australian businesses
  • An overly broad definition of related parties, and the failure to legislate for APAs and cost contribution arrangements are some of the key omissions marring Portugal’s efforts at transfer pricing reform. By Francisco de Sousa da Câmara and Maria Quintela of Morais Leitão & J Galvão Teles, Lisbon
  • PricewaterhouseCoopers has been practicing in Latin America for nearly a century, with its first office opening in the region in 1906. With a Latin American network of over 12,000 professionals and the largest market share of any other services organization in the region, PricewaterhouseCoopers is uniquely positioned to assist companies with respect to their business activities throughout Latin America.