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Share and share alike the Latin way

Careful structuring of shared service centres may result in tax and customs duty savings for multinationals with regional operations in Latin America. By Nico del Castillo, Jorge Gross, Ramon Mullerat and Manuel Solano, PricewaterhouseCoopers LLP, New York

August 31 2000
Advisory panel recommends Japan raises sales tax

A Japanese advisory committee comprised of business executives, academics and labour leaders has recommended that Prime Minister Yoshiro Mori raises the 5% sales tax to increase revenue.

August 31 2000
Minors in New Zealand face a 70% tax hike

Tax increases on beneficiary income could result in higher compliance costs for trusts

August 31 2000
Directory of European Tax Advisers: Wiersholm, Mellbye & Bech

Wiersholm, Mellbye & Bech, advokatfirma AS

August 31 2000
Directory of European Tax Advisers: Pöllath & Partners

P+P Pöllath + Partners

August 31 2000
Directory of European Tax Advisers: Flick Gocke Schaumburg

Flick Gocke Schaumburg

August 31 2000
Directory of European Tax advisers: Arthur Andersen

Arthur Andersen

August 31 2000
Linklaters merges with Oppenhoff & Rädler

The London-based law firm Linklaters has completed a merger with German legal group Oppenhoff & Rädler. The merger adds impetus to the firm's ambitious plan to create one of the largest legal firms in the world through a "multi-merger" between Linklaters and four other European firms.

August 31 2000
Clifford Chance works with the Woolwich

The boards of the UK's Barclays and Woolwich have reached an agreement on Barclay's offer for Woolwich in a deal worth £5.4 billion ($8 billion). The union will bring together two leading and complementary financial services businesses in the UK and increase the enlarged Barclays Group's presence in the mortgage market.

August 31 2000
Pillsbury opts for Slaughter and May

US food manufacturer General Mills has merged with Pillsbury in a deal worth $10.5 billion. The deal will yield the owners of Pillsbury – UK spirits and beer company Diageo – an estimated $4.5 billion and a 33% share in the merged company, which will be the fifth-largest food company in the world.

August 31 2000

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