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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.

The Finnish Act on Income Taxation (1535/1992) was amended by the Act on Amending the Act on Income Taxation (1165/2000), that entered into force on January 1 2001. The central provision to be amended was the definition of foreign earned income (ulkomaantyötulo). Foreign earned income was previously defined as income received by a person otherwise generally liable to pay tax in Finland from working abroad, provided that the stay of this employee abroad is directly due to such work and the stay abroad lasts for at least six months uninterrupted (the so-called 'six months' rule'). According to the new provision, income received as an employee stock option benefit or as a benefit due to the right to subscribe for shares in a corporation at a price lower than current value (employee share issue) is no longer considered as foreign earned income unless:

In last month’s article, the authors discussed the tricky question of what constitutes a QI and recently issued guidance by the IRS. Part two of this article answers frequently asked questions about the day-to-day application of the QI rules and addresses the need not to be complacent, By Philip Marcovici and Marnin Michaels of Baker & McKenzie’s Zurich office, Thomas O’Donnell in the Paris office and David Balaban and Peter Connors of Baker & McKenzie in New York

Four partners are to quit the Hamburg office of Andersen Luther, the German member firm of Andersen Legal's network, at the end of June to launch their own legal practice in the city.

Last year's merger of Clifford Chance with Pünder Volhard Weber & Axster has ended in disaster for Clifford Chance in Warsaw, with the Pünder team moving to Beiten Burkhardt Mittl & Wegener (BBLP). A total of 16 Pünder personnel will join the BBLP on April 1 2001. This includes two tax advisers, and with a lateral hire yet to be announced, will bring the number of tax specialists at BBLP, Warsaw, to four.

The UK Chancellor Gordon Brown presented his 2001 budget on March 7 2001. The budget measures contained few surprises, most having been announced in the pre-budget report in November 2000, but a number of new initiatives for the future were announced. The main corporation tax rate of 30% and the reduced rates of 20% and 10% for companies with low profits are unchanged for 2001/2 and 2002/3.

The globalization of business has meant that the number of foreign individuals entering Brazil to work at subsidiaries of major multinational companies has increased considerably. Consequently, immigration requirements and individual income tax regulations are key issues facing companies planning their investment strategy in Brazil. The privatization process of the electricity, energy and telecommunications sectors, together with the overall opening up of the Brazilian economy have all precipitated a number of changes in the relevant legislation.