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  • The Brazilian internal revenue has drafted a bill forcing the introduction of a minimum corporate income tax. A further bill reducing company tax exemption to one year is also under consideration in the senate.
  • The Swedish government is so confident in the growth of the economy that it has unveiled the first budget for a decade to include significant income and corporate tax cuts.
  • The IRS has asked the tax court for a delay in the planned disclosure of APAs. But the plaintiffs in the case have objected. Oliver Ralph reports
  • Donahue & Partner, the Canadian member firm of Ernst & Young International, has recruited tax litigators Al Meghji and Roger Taylor. The move reunites the two, who worked together at the Canadian department of justice for many years.
  • Ireland enjoys evasion spectacle
  • This year's UK Finance Act introduced the concept of Advance Pricing Agreements (APAs) in the field of transfer pricing. The legislation is supplemented by a Statement of Practice (Statement) which was published at the beginning of September.
  • Australia’s Ralph Committee has delivered its long-awaited report. Delight over tax cuts has been tempered by other measures. Rosie Murray-West reports
  • It's been a strange old month for Peter Mendham.
  • Heinrich Rodewig is joining the German firm Haarmann, Hemmelrath & Partner, having moved from Daimler-Benz. He will be working as tax partner in the international mergers and acquisitions group.
  • Rolls Royce will pay £576 million ($939.6 million) in a cash deal for the British engineering group Vickers. They will acquire the Vickers-owned Norwegian company Ulstein, signalling Rolls' intention to move into the marine engineering industry.