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  • Brazil
    As a result of several upstream companies in Brazil now being on the point of drilling the first wells in their awarded areas, the level of investment in equipment (fixed assets) is on the increase. Finding a way to acquire these assets in as tax-efficient manner as possible is extremely important during this phase of uncertainty.
    February 01 2001
  • Hong Kong squares up to e-tax
    If Hong Kong is to develop into an attractive location for e-business, concrete measures need to be put in place. Mark Norris, Guy Ellis and Colin Farrell of PricewaterhouseCoopers, Hong Kong review the efforts to date
    February 01 2001
  • Ireland maintains its charm
    Recent developments in Ireland's tax regime, including changes announced in the Budget, show a determination to continue courting foreign investment. Gary O'Mahony of Ernst & Young, Dublin investigates the latest initiatives
    February 01 2001
  • Cyprus proposes tax reform
    Cypriot finance minister, Takis Klerides, has presented plans for tax reform to the House Finance Committee.
    February 01 2001
  • Gall elected as partner with Kronish Lieb
    Kronish Lieb Weiner & Hellman in New York has elected Phillip Gall as a partner in the tax group. Gall specializes in partnership and corporate income tax matters as well as joint ventures, international tax matters and tax litigation.
    February 01 2001
  • Freshfields boosts Dutch capabilities in London
    Freshfields Bruckhaus Deringer senior tax partner, Dick Hofland, has moved from Amsterdam to London with a view to strengthening the firm's Dutch tax practice in London. Hofland joins Dutch tax lawyer, Eelco van der Stok, who has been working with the London tax group since early 2000. The team will be part of the London tax group, and will continue to work closely with the corporate and finance groups and with the Dutch tax practice in Amsterdam.
    February 01 2001
  • Nestlé in $10 billion pet food deal
    Swiss food company Nestlé is buying the US pet food company Ralston Purina for $10.1 billion.
    February 01 2001
  • Allen & Overy in Finnish deal
    Allen & Overy is advising Sanitec Corporation, the Finnish manufacturer of bathroom ceramics, baths and showers on its £82 million ($120 million) purchase of Caradon Bathrooms from HSBC Private Equity.
    February 01 2001
  • Allen & Overy advises on Great Mills disposal
    Allen & Overy is advising the UK building materials group RMC Group on its disposal of Great Mills. Great Mills' 98 DIY stores are being bought by Focus Do It All Ltd for £285 million (417.5 million) in cash.
    February 01 2001
  • OECD makes its ruling on e-tax
    Following much discussion, the OECD has issued the final changes to the commentary to article 5 of the Model Tax Convention. Machiel Lambooij, of Freshfields Bruckhaus Deringer, Amsterdam, assesses the balance that has been struck between the new economy and the old
    February 01 2001
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