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3-5 years pqe A raft of opportunities exist at large US firms in London for ambitious mid ranking tax lawyers wanting to fast track their career. A mix of corporate and finance tax, complex structuring of transactions, a greater element of autonomy and huge salaries - not an opportunity to miss. (to £120,000)

CMS Cameron McKenna has set up an alliance in Paris with local practice Bureau Francis Lefebvre, allowing the UK firm to tap a booming M&A market before moving into Italy and Spain

South Korea will launch an investigation into corporate tax practices in the second half of 2001, delaying the action to encourage businesses to expand domestic activity and avoid an economic slowdown. The National Tax Administration will investigate taxes on the transfer of stock ownership. The tax office will also monitor stores that try to hide their true sales figures by dissuading customers from paying with credit cards. The authorities will track the assets of company owners and other wealthy citizens through a database, to uncover attempts to conceal wealth.

6 years-partnership The London office of one of the world's leading international law firms seeks a partner level tax lawyer to join its team. Advising on UK and international tax issues, including M&A, flotations, corporate restructuring, asset and structured finance and cross border transactions, much of the role will involve marketing and practice development. (to £US rates)

Rumours that Germany's tax authorities are considering changing the tax treatment of special purpose entities have shocked legal advisers in the country's growing asset-backed market, though a tax-neutral structure could be one solution

Denton Wilde Sapte has advised ABN AMRO as arranger of a financing facility for CIT Group's purchase of 30 aeroplanes from Airbus

The Chinese government is preparing to introduce rules to permit private companies to acquire assets of reforming state enterprises, according to local reports. The State Economic and Trade Commission is soon to release policies to stimulate non-state purchase, rental or leasing of state assets, which could include lower taxes, lower market entry barriers and increased access to banking services. The leaders of Yunnan Province, for example, have pledged three-year tax cuts and tax exemptions for non-state companies that merge or acquire small or medium sized state enterprises.

Akin, Gump, Strauss, Hauer & Feld has worked with PricewaterhouseCoopers in revealing corporate accounting irregularities of Xerox's Mexican subsidiary. The US firm led the investigation since June 2000 that has resulted in several managers of Xerox Mexico being dismissed. Irregularities uncovered included: ineffective collection actions and inappropriate re-aging of past-due accounts; billing inaccuracies; insufficient bad-debt reserves; and improper transaction classification regarding the sale, lease or rental of equipment.

Big five professional services firm Deloitte & Touche has boosted its transfer pricing and competent authority team in Canada by hiring three prominent government specialists

3-5 years pqe This pre-eminent London firm with an enviable reputation for corporate and project finance work is looking to boost its tax team. You will work on a range of matters involving UK and foreign tax systems as well as capital raising. If you have UK corporate tax experience why not join this team where targets are not an issue. (to £75,000)