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  • Tax agreements
  • Recent legislation in the Netherlands Antilles aims to alter its image as a tax haven and boost its status as a financial services centre. Dennis Evertsz and Kees-Jan Quirijns of Deloitte Touche Tohmatsu, Curaçao advise investors to reassess their positions
  • 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
  • Reports from Russia indicate that the country’s long-awaited tax code reforms are near completion.
  • 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.
  • 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.
  • 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.
  • 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.
  • If others follow where Argentina has led, Latin American tax authorities may soon be scrutinizing heavy debt-financing. Multinationals should take note. By Mario de Castro, Manuel Diskenstein, John Mascaro and Romero Tavares, Deloitte & Touche LLP
  • New German regulations narrow the scope and broaden the formal requirements of cost-sharing arrangements. Multinationals have until the end of the year to make the necessary changes. By Alexander Vögele of KPMG, Frankfurt am Main