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Paul Sleurink has resigned from his London tax partnership role with Netherlands-based firm Loyens & Loeff to join Merrill Lynch's corporate finance team as managing partner of the global product development group. His move comes after 15 years with the tax and corporate specialist law firm. Sleurink, who will continue to be based in London, will be handling European corporate and M&A tax matters for the investment bank.

There were few, if any surprises, for business in UK Chancellor Gordon Brown's Budget speech, delivered on March 7. Most changes concentrated on helping small businesses and working families, while consultations continue on some of the more substantial corporate measures. As a result, response to the Budget was, at best, tepid. The Institute of Chartered Accountants in England & Wales (ICAEW) branded it as ?a safe, inoffensive rerun of the Pre-Budget Report?, while big five firm PricewaterhouseCoopers described it as prudent. Other responses were less generous.

Proposed changes to Australia’s thin capitalization and debt:equity rules give investors little time to prepare for the dramatic shift in the treatment of relevant transactions, By Joe Niven and Neil Ward Deloitte & Touche, Melbourne

The Paris Administrative Court of Appeals has found that the French Tax Code is incompatible with the France-Switzerland tax treaty, By François Rontani and Raphaël Coin, HSD Ernst & Young, Paris

If accounting standards change and a company’s debts are marked to market, will tax systems be forced to change their approach? By Roger Muray of Ernst & Young, London

UK law firm DLA has boosted its London tax team to four partners, with the recruitment of Jasmine Shah.

The newly elected global CEO of professional services firm Arthur Andersen has announced a series of changes. Joseph Berardino, elected in January, has announced the rebranding of the firm from Arthur Andersen to Andersen and a series of management changes. The rebranding became effective in early March.

Being at the cutting edge of electronic technology means a lot more than merely having a web site. An internet presence is all very well, but what about extranets, intranets and portals? Does your tax adviser bring together communities online? And will your firm of choice allow you to outsource certain non-core activities? Sharon Cunningham and Georgina Stanley take a look at the best e-tax offerings

After 17 years as tax director at International Flavors & Fragrances (IFF) in New York, and a working life dedicated to tax and accounting, Hank Pasniewski is going to retire. But while he is leaving at the end of the year, he has lost none of his drive and talks enthusiastically about his work and the firm's development plans. IFF is responsible for developing flavours and fragrances used in everything from foods to toiletries. It also carries out research and development. Pasniewski joined the firm from United Artists' Corporation, where he spent 10 years as director of tax.

On October 20 2000, the French Administrative Supreme Court (Conseil d'Etat) reversed a decision by the Paris Court of Appeals for error of law regarding the notion of permanent establishment under the France-Switzerland tax treaty.