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  • Argentina changes tactics
    Argentina's economy minister, José Luis Machinea, has announced the government's intention to start lowering taxes next year. The tax increases implemented by Fernando de la Rúa's government have been blamed in some quarters for suppressing the country's recovery. The International Monetary Fund (IMF) is supporting the new approach.
    November 01 2000
  • Gillis heads Asia practice
    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.
    November 01 2000
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    Gerard Anderson
    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
    November 01 2000
  • Proposed transfer pricing regulations
    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.
    November 01 2000
  • French draft finance bill for 2001
    On September 20 2000, the French Ministry of Finance released the draft Finance Bill for 2001. Both chambers of the French parliament will discuss and possibly amend the Bill during the autumn session, from mid-October to mid-December. The proposed measures encompass corporate income tax, personal income tax, social taxes, wealth tax, and miscellaneous other tax changes.
    November 01 2000
  • Tax treatment of interest payments
    The last two years have witnessed a number of changes to Argentina's legislation covering the tax treatment of interest payments made by Argentine companies to foreign beneficiaries. In addition, new tax treaties have been entered into between Argentina and other countries, which may limit the withholding tax rate imposed at source. The tax treatment now in force is outlined below.
    November 01 2000
  • US repeals FSC to meet WTO demands
    The US Senate is set to vote into law revisions to the extraterritorial tax regime to meet the US WTO obligations. David Joranko, Nancy Glover and David Benson of Ernst & Young International Tax Services, Cleveland, Chicago and Washington report
    November 01 2000
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    UK opts for onshore pooling
    Amid much controversy, the UK has chosen to adopt a restrictive form of onshore pooling as its new double tax relief system. Andrew Shilling and Neil Coles of Deloitte & Touche International Tax Services, London, report
    November 01 2000
  • Coping with the QI burden: part II
    In the second of two articles, Marnin Michaels, David Balaban, Peter Connors, Philip Marcovici and Thomas O’Donnell of Baker & McKenzie relate their experiences to date of analyzing the New Regulations and implementing the terms of the QI Agreement for clients
    November 01 2000
  • Japan aims at corporate restructuring
    Japan’s economic recovery has started but corporate tax reform could give it a much-needed boost. Dean Yoost and Al Zencak of PricewaterhouseCoopers, Tokyo set out the implications of the proposals now being discussed
    November 01 2000
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