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  • Hong Kong could be the target for illegal flight capital from mainland China
  • Davies Ward Phillips & Vineberg has hired Stephen Ruby as a senior tax partner from Canadian rival Fasken Martineau DuMoulin.
  • 1-3 years pqe Opportunity to join the tax team of one of the nicest US firms in London. Rapidly growing practice seeks dynamic, right and outgoing personalities to fit into the team-oriented culture. Full range of benefits and extraordinarily high retention rates. (£New York Rates) Ref: 12735.G Contact: Simone Templeton, Garfield Robbins
  • The UK government has announced plans to cut the length of time the top rate of capital gains tax on the disposal of business assets burdens companies.
  • The Belgian federal government may be left to bear the costs of planned cuts to corporate taxation.
  • Denton Wilde Sapte’s commitment to central Asia is paying off as the UK firm welcomes its latest recruit: the former head of Andersen Legal’s Moscow office
  • The US securities regulator has demanded $7 million from Arthur Andersen, on account of false and misleading financial audits, and breaches of professional codes of conduct
  • Raising of capital – Directive 69/335/EEC – ‘Duties paid by way of fees or dues’ – Charge for entry in the commercial register.
  • Cuts to the fees charged by the US Securities and Exchange Commission for capital markets deals will save companies and investors around $8 billion over the next five years. IFLR's Tom Nicholson reports
  • The Thai government is planning to introduce a withholding tax on companies. At present withholding tax is only levied on personal incomes.