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  • The Brazilian Federal Revenue Department has issued a regulation that consolidates and modifies the rules on taxation of foreign investments.
  • Over-complexity and over-simplicity are just two of the evils marring the sophistication of tax regimes in many Asian jurisdictions. The following article looks at how variety spices up the business of tax advice in Asia and provides the results of International Tax Review’s survey into Asia’s best advisers. By Sharon Cunningham
  • An increasing number of multinationals are implementing their stock option plans in Germany. There are both benefits for employees and tax consequences for the local German subsidiary. By Hans-Jörg Fischer, Deloitte & Touche, Frankfurt
  • The Association of South East Asian Nations (ASEAN) is to grant tax concessions to four new members.
  • Norton Rose has hired the first tax partner for its Paris office. Bertrand Dussert joins the firm from Bureau Francis Lebebvre. He will specialize in international corporate tax.
  • US firm Weil Gotshal & Manges has grabbed a tax partner from a UK firm to head its UK tax practice.
  • International law firm Richards Butler has boosted its corporate finance team with the recruitment of tax consultant Richard Sowler. He is acting head of tax at Richards Butler until an additional partner is hired for the role.
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  • The US Treasury has expanded the tax policy group with three new hires.
  • Australian firm Gilbert & Tobin has established its first tax practice by poaching two lawyers from local rivals.