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  • UK Revenue defeated on conversions
    Four UK building societies that converted to banks in the late 1990s claimed tax deductions for the costs of converting. The Inland Revenue disputed this, but the Special Commissioners of Tax found in the building societies’ favour. Hartley Foster of Clifford Chance reports
    September 30 2000
  • Latham & Watkins gains tax partner
    Oonagh Whitty, a tax partner with Watson, Farley & Williams, is joining the London office of Latham & Watkins in October. Latham & Watkins is an international firm with over 1000 lawyers worldwide, but this is the first tax partner for the 50-strong London office.
    September 30 2000
  • Allen & Overy the choice of Rémy Cointreau
    Wine and spirits company Rémy Cointreau has taken over Dutch drinks company Bols Royal Distilleries in a cash and shares deal worth euro 510 million ($431.6 million). Allen & Overy represented Bols Royal; Hans Van Der Vliet of Ernst & Young Amsterdam provided tax advice. Hervé Bidaud of Andersen Legal in Paris is giving tax advice to Rémy Cointreau.
    September 30 2000
  • Fuel frenzy hits Europe
    The OPEC decision to reduce the world's oil supply for the year has pushed up petrol prices and caused protests throughout Europe.
    September 30 2000
  • Third Gide partner defects to Freshfields
    Freshfields Bruckhaus Deringer is continuing the expansion of its European tax practice with the recruitment of tax partner Antoine Colonna d'Istria in its Paris office. Colonna is the third partner to join the firm from Gide Loyrette Nouel and will be working closely with James Vaudoyer and Eric Thomas to strengthen the French tax practice, in line with its international policy.
    September 30 2000
  • Russia reverses non-disclosure
    Cautious optimism for foreign investors in Russia follows radical efforts by the government to level the playing field for business. In the second of two articles, Robert Fort of Deloitte & Touche, Moscow reports on Russia’s most recent changes
    September 30 2000
  • Rich EU rewards the wary
    EU member states offer a rich investment environment for US multinationals. But, together with lucrative rewards, come the multiple layers of EU taxes, which require careful, focused planning. By Rolf Eggert and Robert van Brederode, KPMG’s Tax Centers of Excellence
    September 30 2000
  • National Power turns to Linklaters
    Linklaters & Alliance has advised National Power on the demerger of its UK business. The transaction is valued at £5.53 billion ($8 billion). The US business will be known as Innogy while National Power will be renamed International Power. Partners Mike Hardwick of the London office and Bob Thornton of the New York office led the Linklaters & Alliance tax team. Partners Charles Hellier and Nik Mehta of the London office, and Stephen Land of the New York office assisted.
    September 30 2000
  • New administrative guidelines
    Qualification of simplified stock companies for the dividend withholding tax exemption
    September 30 2000
  • Are you being served?
    This year’s IFA Congress, held at Munich’s Kulturzentrum am Gasteig from September 3 to 8, drew 1,500 professionals. But despite the international flavour in terms of both attendees and subject matter, did it really succeed in dishing up what delegates were looking for?
    September 30 2000
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