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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.

The Spanish general tax law (Ley General Tributaria) regulates the main principles and the basic framework of the Spanish taxation system. It was issued in 1963 and underwent substantial modifications in 1985, 1995 and 1998. The government intends to replace it with a new law to update it into a single text and to modernize it. The first step has been to appoint a Reform Commission. The aim of this commission is to provide the government with ideas and proposals from various sources (tax professionals, employers' associations, etc).

The decision recently handed down by the European Court of Justice (ECJ) in the matter of AMID NV suggests that central aspects of German tax law on cross-border loss utilization are in violation of the freedom of establishment clause of the EC Treaty (article 43; formerly, article 52). As pointed out by Gert Saß (Der Betrieb 2001, 508), the judgment raises two questions:

A ruling by the European Court of Justice (ECJ) last year has put additional pressure on the Finnish government to amend the Finnish avoir fiscal system for dividend taxation. In the ruling, the ECJ found that the Dutch dividend tax system was incompatible with the EC Treaty. Although under the Finnish avoir fiscal system foreign dividends are treated differently than Finnish dividends, it has been argued that the Finnish system has a discriminatory effect.

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 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

New transfer pricing provisions were introduced in India as part of the Union Budget 2001. And not before time, in a country that is at the forefront of those reaping the benefits of globalization. By Mukesh Butani of Andersen, Mumbai

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.

US firm Weil Gotshal & Manges has grabbed a tax partner from a UK firm to head its UK tax practice.

The US Treasury has expanded the tax policy group with three new hires.