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  • Request for a preliminary ruling of the ECJ on the free movement of capital and payments
    Following a recent decision, the Appeals Senate V of the Regional Fiscal Directory of Vienna, Lower Austria and Burgenland, submitted a request for a preliminary ruling to the European Court of Justice (ECJ). At issue is the taxation of dividends distributed by Austrian corporations as compared with dividend distributions of their non-Austrian counterparts.
    March 01 2000
  • Budget reflects upbeat mood
    More prosperous times for South Africa are reflected in a realistic budget that moves away from the ideological approach of the recent past. IP owners, however, may be in for a nasty shock. Peter Surtees of Deneys Reitz examines the significant changes
    March 01 2000
  • Turning the investment flow back on
    Recent price rises have led to a rejuvenation of Middle East oil and gas investment activity. In this volatile business environment high tax rates may trap the unwary. Neil MacLeod of Arthur Andersen, Dubai, recommends careful forward planning
    March 01 2000
  • Russia's tax codes near completion
    Reports from Russia indicate that the country’s long-awaited tax code reforms are near completion.
    March 01 2000
  • News in brief
    US budget aims to tear tax shelters down, Latin America double tax treaties, Canary Islands to get EU- approved tax breaks, Ernst & Young in hi-tech alliance, WTO membership will slow Chinese tax growth
    March 01 2000
  • Freshfields coordinates record UK bank merger
    The combined group will be headed by RBS chairman Viscount Younger. The bank has said that it intends to cut NatWest's staff numbers by 18,000.
    March 01 2000
  • McDermott grabs UK tax head
    US firm McDermott Will & Emery has recruited Tim Sanders, head of tax at UK firm Theodore Goddard, to its London office. Sanders takes his position at the beginning of May and will join Peter Nias, former head of tax at Simmons & Simmons in London, who joined McDermott in November 1998. At Theodore Goddard, tax partner Peter Sayer will replace Sanders.
    March 01 2000
  • Baker & McKenzie wins over the competition in new year spree
    Baker & McKenzie has started the year with all guns blazing, and appears to be outsmarting the top accountancy firms in the hunt for big-name tax partners. Both Daub and Glarbo chose the firm over the big five, with whom they have both had considerable experience.
    March 01 2000
  • Hughs & Luce arranges internet shopping merger
    The deal, to be completed at the end of the first quarter, will create CNET Networks, which will have 10 million users and 2,600 advertisers and merchants.
    March 01 2000
  • New Tokyo tax sends banks reeling
    The governor of Tokyo, Shintaro Ishihara, has outraged Japan’s largest banks by introducing a 3% corporate tax on their activities in the capital.
    March 01 2000
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