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  • Non-acquiescence in dividend stripping decision
    As reported in the June 2000 issue of International Tax Review, Germany's highest tax court recently rebutted attempts by the German tax authorities to overturn dividend stripping schemes. The decision addressed many issues of first impression in the dividend stripping area and received wide attention.
    December 01 2000
  • Lynne Patmore
    Group tax director, Vodafone Group. Managing the tax function at one of the world's largest companies must, by any standards, be a tough job. But for Lynne Patmore, group tax director of Vodafone, a challenging environment is a sure recipe for job satisfaction
    December 01 2000
  • BG and Lattice Group in £15 billion demerger
    British Gas (BG) shareholders have approved the demerger of its regulated Transco activities, together with BG's telecommunications ventures, under a new holding company, Lattice Group. The value of the transaction is estimated at £15 billion ($21.7 billion).
    December 01 2000
  • Jones Day acts on $4.4 billion Kellogg deal
    Jones Day Reavis & Pogue is representing Flowers Industries in connection with the sale of its Keebler Food subsidiary to the Kellogg Company.
    December 01 2000
  • Davis Polk works on $3.4 billion IPO
    Davis Polk & Wardwell has advised Morgan Stanley Dean Witter and China International Capital Corporation on the $3.4 billion initial public offering of China Petroleum & Chemical Corporation (Sinopec Corp).
    December 01 2000
  • Ashurts in newspaper deal
    Ashurst Morris Crisp has advised United News & Media on the sale of UK newspaper group Express Newspapers to Northern & Shell for £125 million ($176.8 million).
    December 01 2000
  • General Electric and Honeywell in $45 billion merger
    General Electric has merged with industrial components and controls business Honeywell, in a deal worth $45 billion.
    December 01 2000
  • Kutak Rock advises American Freightways
    FedEx, the Memphis-based global transportation and logistics company, is bidding $1.2 billion in cash, stock and assumed debt to acquire the less-than-truckload commodities carrier, American Freightways.
    December 01 2000
  • Own-account trading bill proposed
    The first amendments have been drafted to the German Tax Reform Act concerning domestic share and derivatives trading
    December 01 2000
  • Case closed for UK Revenue's missing files
    The UK Inland Revenue has closed one million tax files because it is missing vital information. The files were lost following the April merger of the Inland Revenue and the Benefits Agency, and affect the tax year 1997-98. The loss could affect employees' assessments for pensions and other benefits.
    December 01 2000
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