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  • Russia lacks both the experience and the relevant information to put in place a truly effective transfer pricing regime, but the will is there. By Victor Matchekhin of Linklaters, Moscow
  • Tax planning can be a decisive element in the success or failure of acquisition in Latin America. Certain strategies increase the chances of maximizing a bid. By Nicasio del Castillo, New York; Jorge Gross, Miami; Ramon Mullerat, Spain; and Alberto Lopez and Manuel Solano, Mexico City, of PricewaterhouseCoopers
  • The US senate has demonstrated its faith in e-business and extended a ban on internet taxes (the Internet Tax Freedom Act) until November 2003.
  • At KPMG, we understand the value of having a strong local presence in the countries where our clients do business. With offices in virtually every country in Latin America, KPMG's professional roots are deep and our local tax knowledge is preeminent.
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  • Spain is becoming an increasingly attractive jurisdiction for outbound investments. This has been due to tax measures, chiefly tax exemptions on qualifying dividends and capital gains obtained from foreign subsidiaries and on dividends distributed by Spanish holding companies to non-resident shareholders (unless they reside in a tax haven).
  • The Bahamian law firm Lennox Paton is to open an office in London. The three-lawyer office, which will have two associates on rotation from Nassau, will open in January and will practice Bahamian law. It is thought to be the first firm from the jurisdiction to develop an international practice.
  • Although a simple activity, foreign residents may encounter several difficulties when leasing property in Mexico. Rules are not always clear and may not integrate all direct and indirect taxes in a comprehensible manner. This article summarizes some of the main considerations.
  • 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
  • Last month's publication of the OECD's progress report on harmful tax practices has received a tepid response from havens and member countries. The delayed report contained changes to the organization's project aimed at eliminating harmful tax practices amongst tax havens and creating a level playing field.