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BG shareholders approved the demerger of the its regulated Transco activities, together with BG's telecommunications ventures, under a new holding company, Lattice Group

Simmons & Simmons is advising fund managers Perpetual in the recommended cash and share offer to be made by Schroder Salomon Smith Barney on behalf of, investment managers, AMVESCAP for Perpetual

A draft finance bill for 2001 was released in September. Individuals and companies should benefit from a reduced tax rate, however, larger firms will need to make a case-by-case assessment. Priscilla Demenge-Beauchesne of HSD Ernst & Young, Paris reviews the effects of the bill

Contracts for royalty payments must be carefully scrutinized to ensure compliance with arm’s-length standards

PricewaterhouseCoopers has named Paul Gillis as leader of tax and legal services in the Asia-Pacific region. Gillis, based in Beijing, will also retain his former role as leader of tax services in China.

Christine McElroy has joined UK law firm Pinsent Curtis as an associate in the corporate tax team. McElroy, who will be based in the firm's Birmingham office, joins the firm from Osborne Clarke in Bristol, where she has spent the last three years.

November 1 — Jones, Day, Reavis & Pogue is advising US bakery company Flowers Industries on its sale of Keebler Foods, the second largest cookie and cracker manufacturer in the US, to Kellogg. The deal is valued at $3.6 billion. Jones Day M&A partners Lizanne Thomas and Robert Smith lead the team, along with Jim Landon (benefits), Rory Lyons and Candace Ridgeway (tax) and Tom Smith (antitrust). Wachtell, Lipton, Rosen & Katz is acting for Kellogg, led by partner Daniel Neff (corporate), and assisted by partners Karen Krueger and Bruce Goldberger (benefits), and Deborah Paul (tax). Winston & Strawn M&A Partners Robert Wall and Bruce Toth are representing Keebler Foods.

The Swedish government has recently presented a proposal concerning tax relief for foreign experts, scientists and managers working in Sweden for a limited period of time. Under the proposal, income tax and social security contributions will be payable on 75% of salary for a maximum period of three years. Certain elements of remunerations related to living expenses will also be tax-free, including moving costs, travel expenses for the family between Sweden and the home country, and school costs.

After almost two decades in the oil and energy industry, Statoil’s former senior international tax adviser has returned to the big five office in London where he began his career. Gerard Anderson talks to Sharon Cunningham about the last 18 years and his decision to move back into a firm environment

As reported by Thomas Borstell and Ludger Wellens in the April 2000 issue of International Tax Review, Germany's tax authorities are developing new administrative regulations governing procedural aspects of income allocation between internationally associated enterprises.