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  • McKee Nelson, Ernst & Young plans to open a New York office in the next two months, but the firm will change its name to comply with the rules of the New York Bar
  • The Netherlands Supreme Court has recently announced decisions on the participation exemption and fiscal unity regime. Multinationals take note. By Corina van Lindonk and Mark van der Linden, Deloitte & Touche, Rotterdam and Chicago
  • A team of 12 capital markets, structured finance and M&A lawyers — including five partners — has left Sidley Austin Brown & Wood to join McKee Nelson, Ernst & Young in Washington DC
  • Belgium's finance minister has called for direct EU taxes to fund the Union's budget expenses, and has said the issue will be on the agenda at a summit of EU leaders in December
  • The UK government has come under increasing pressure to impose a windfall tax on oil companies, following record profit announcements by BP and Shell
  • US congressmen Richard Neal and Nancy Johnson have proposed new legislation to close a loophole used by some insurance companies to avoid federal tax.
  • Credit Suisse First Boston has devised a new tax-efficient structure for Swiss food company Nestlé's $620 million bond issue.
  • Significant exemptions from withholding tax were offered to Singapore’s software importers in the recent budget speech. While some legal issues remain unresolved, increased certainty should boost this area. By Kenny Foo, Baker & McKenzie, Singapore
  • When changes to the ‘mixer’ regime were set in progress, UK corporations were left with a narrowing range of planning options. Some possibilities for a Dutch resident mixer are considered here. By Gay Deuchar and Frank van Hulsen, Ernst & Young’s International Tax Services department
  • Partnership Tax practice of popular London firm covering all aspects of corporate taxation, share options schemes, structuring acquisitions, disposals and MBOs, group tax, tax treaties and VAT. The role requires a minimum of 5 years pqe and the requisite partnership skills. (to £170,000) Ref: LW1472.G Contact: Emma Adams, Garfield Robbins