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  • Craig Bell has resigned from his position as chairman and managing partner with Eure, Kineer & Bell of Richmond, Virginia to join McGuire, Woods, Battle & Boothe LLP as a partner in the business tax group. Bell will head the firm's state and local tax and tax litigation groups.
  • Prohibition of Belgian residents from acquiring Eurobonds issued by the Kingdom of Belgium on the Eurobond market – Article 73b of the EC Treaty (now Article 56 EC).
  • Freedom of establishment – Tax legislation law – Direct taxes – Deduction of business losses – Previous tax year.
  • Harmonisation of tax laws – Parent companies and subsidiaries – Exemption, in the member state of the subsidiary, from withholding tax on profits distributed by the subsidiary to the parent company.
  • John Power of Deloitte Touche Tohmatsu's London office advised Compass on UK and international tax issues. Francis Sandison and Tim Crosley of Freshfields also provided international tax advice.
  • The proposed merger will be achieved via a cash and share offer by an AMEC group company valuing AGRA at C$514 million ($341 million). If the deal closes, the merger will create a leading international group providing design services, applied technology and project delivery to the global engineering, construction and environmental industries. Combined revenue will be approximately C$8.8 billion from continuing operations.
  • On May 3 2000, the Dutch Ministry of Finance issued a statement clarifying its new ruling policy on the tax-driven use of hybrid instruments and hybrid entities. Dick A Hofland and Eelco B van der Stok of Freshfields, Amsterdam and London, report
  • Following completion of this transaction, AMVESCAP will have funds under management of about £256 billion.
  • Tax issues were dealt with by Ashley Greenbank of Macfarlanes on behalf of Virgin, who also turned to Ashurst Morris Crisp corporate partners Clive Tucker and Nick Angel in London.
  • Sullivan & Cromwell partner Willard Taylor advised ING on US tax matters. ReliaStar sought tax advice from tax partner Jodi Schwartz of Wachtell, Lipton, Rosen & Katz.