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  • India’s recent budget represents a balancing act between addressing fiscal deficit and encouraging investment, By Rajeshree Sabnavis and Harish Hulyalkar of Andersen, Mumbai
  • Mexican legislators will review a draft tax reform bill later this week, which is intended to broaden the tax base and make Mexico more attractive to foreign investors by overhauling the country's outdated and complex fiscal regime
  • After extensive consultation, on January 31 2001 Singapore's Ministry of Finance released details of the Supplementary Retirement Scheme (SRS), which was first announced in the February 2000 Budget speech.
  • The Japanese government's lawmaking body has enacted tax revision bills focusing on extended tax breaks for home loans and withholding taxes on capital gains. And according to local reports, wider tax reforms to boost the country's stock market are expected.
  • The new beneficial tax regime of the Canary Islands Special Zone (ZEC) has been in force since summer 2000. The EU authorities previously authorized the regime, so it is not subject to their review of regimes listed as harmful.
  • India's Associated Chambers of Commerce and Industry has called on the government to exempt software exports from a new transfer-pricing regime that could harm the international competitiveness of domestic companies by destroying the advantages of special tax concessions.
  • As part of its income tax reform process, Australia is applying entity taxation to trusts. But the move has been met with mixed feelings. By Michael Taylor-Sands of Baker & McKenzie in Melbourne
  • 4 years+ Highly profitable leading global firm seeks experienced UK qualified tax lawyers to join excellent team with broad practice. Applications from top quality corporate tax advisers working with the large accounting firms will also be considered. London training and top academics required. (£New York Rates) Ref: L1574.F
  • National provisions on reduced VAT rates – Sixth VAT Directive – Concept of liberal profession – Reference for a preliminary ruling – Lack of jurisdiction of Court.
  • Two reforms to Japanese business law will take effect in April, which could lead to an increase in M&A activity.