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  • Clear choice of Akin Gump
    Clear Channel asked Texas-based Akin, Gump, Strauss, Hauer & Feld to act on the deal, with partner W Thomas Weir and associate Scott Stewart providing tax advice.
    April 30 2000
  • Status of the proposed tax reforms
    On February 3 2000, the Second Chamber of the Dutch Parliament adopted two bills relating to the new 2001 Personal Income Tax Act and amendments to several other tax acts. Amendments have been made to these bills on several points since they were initially proposed on September 14 1999.
    April 30 2000
  • buchan-nina-bw.gif
    New tax partners for Clifford Chance
    Nina Buchan has been made a partner with Clifford Chance's tax practice in London, becoming one of the 72 lawyers in the firm's 29-office global network to be promoted to partnership status as of May 1 this year.
    April 30 2000
  • India-Mauritius treaty benefits clarified
    The revenue authorities in Mumbai had previously disallowed a number of benefits of the tax treaty between India and Mauritius to certain investment funds based in Mauritius, on the basis that these entities were established in Mauritius purely for the avoidance of Indian taxes and for treaty shopping. This conclusion was reached based on an analysis of the operating structure of the relevant Mauritius-based funds.
    April 30 2000
  • The Revenue takes a hard line
    The biggest surprise in the UK’s 2000 budget came in the form of the abolition of offshore mixers. This is just one aspect of a toughening of the Inland Revenue’s stance across the board. Helen Lethaby and Susan Bell of Freshfields, London outline the aggressive new regime
    April 30 2000
  • Lyons heads expanding competent authority practice
    Deloitte & Touche has recruited John Lyons, formerly a top executive at the Internal Revenue Service (IRS), as global director of its Competent Authority Practice based in Washington. One of Lyons' principal responsibilities is to expand the Competent Authority Practice by recruiting tax treaty and transfer pricing professionals around the world.
    April 30 2000
  • German Supreme Tax Court confirms Irish IFSC schemes
    The German Tax Supreme Court has just published two landmark decisions strictly limiting the application of general anti-abuse or substance over form provisions.
    April 30 2000
  • PwC cleaning up in Singapore
    A call to PricewaterhouseCooper's office in Singapore reveals the true breadth of the firm's client services. Having phoned PwC's listed number, International Tax Review was intrigued to discover that it had reached White Express, a downtown laundry service.
    April 30 2000
  • Slaughter and May advises on rolling stock acquisition
    Slaughter and May's London office is acting for Abbey National. Corporate partners Tim Clark and David Whittman are heading the team with tax advice from tax partner Steve Edge and assistant Gillian Wheeler.
    April 30 2000
  • Tax-free income for atypical silent partner
    Germany's highest tax court has rendered a fundamental decision on the tax treaty treatment of income from a so-called "atypical silent participation". In response to the court's holding that such income is to be treated like income from a partnership interest, the tax authorities gave notice of their refusal to acquiesce in the judgement.
    April 30 2000
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