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  • 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
  • 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
  • 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
  • Old Mutual picks Slaughter and May
    Old Mutual will pay 670p for each Gerrard share, and intends to merge Gerrard's brokers, Greg Middleton, with its own stockbroking business, Caple Cure Sharp. The combined group will have UK client funds of more than £27 billion, while Old Mutual will secure a valuable UK banking licence.
    March 01 2000
  • Alston & Bird consulted on creation of internet leader
    Alston & Bird partners Pinney Allen and James Hutchinson advised Akamai on the acquisition; partner Laura Thatcher dealt with employee benefits.
    March 01 2000
  • Skadden Arps helps Citigroup’s European growth
    Citigroup's subsidiary, Salomon Smith Barney, will take charge of the acquisition, and will double its equities and investment banking presence in Europe by combining itself with Schroders.
    March 01 2000
  • Taxing the internet goldrush
    Caught up in the excitement of using e-technologies, meeting e-challenges and working on e-time, many businesses overlook the fundamental tax aspects. The team* at KPMG, Silicon Valley recommends a careful approach to the e-highway
    March 01 2000
  • Baker & McKenzie advises on Mickey Mouse deal
    The Walt Disney Company is to build its third international theme park on an island off Hong Kong. A joint venture company set up by the Hong Kong government and Walt Disney, to be named Hong Kong International Theme Parks, will have a combined equity of $5.7 billion.
    March 01 2000
  • Treaty-based information returns
    In recent years, Canada has introduced several initiatives that increase the reporting requirements facing foreign taxpayers. Generally, the objective is to facilitate Canada's monitoring of foreign transactions and ensure income is properly reported and taxed. One such requirement is for all non-resident corporations carrying on business in Canada to file income tax returns when they are relying on a treaty provision to exempt them from Canadian tax.
    March 01 2000
  • Recent tax developments
    Tax agreements
    March 01 2000
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