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  • According to a report recently published by the Swedish government, new rules for the taxation of foreign experts, scientists, executives and other personnel in key positions will be introduced as of January 1 2000.
  • The American company Delta Air Lines has completed its acquisition of the Ohio airline Comair Holdings.
  • Brazil reforms cut planning opportunities
  • Ernst & Young close in on Atlanta firm
  • The importance which Ireland places on double tax agreements is evident from the number to which it is now party. Since the signing of its first agreement on December 31 1951 with the US, Ireland has entered into 35 double tax agreements. Many of these are with Ireland's neighbours, including fellow members of the European Union, however they also include countries further afield such as Japan, Israel, Mexico, Malaysia, South Africa and Pakistan.
  • The UK customs and excise has won a value-added tax (VAT) case in the European Court of Justice, which, had it failed, could have allowed companies to claim back up to £15 billion ($25 billion) in VAT
  • Central Europe Tax Advice
  • Australian business income taxation was recently reviewed in a report which detailed the findings of a discussion paper, A Platform for Consultation, issued earlier this year. The report's objective was to review Australia's current business income tax system and provide recommendations.
  • Neutrality limits review options
  • The Bank of Scotland has launched a £20.85 billion ($34.7 billion) hostile bid for the UK's National Westminster Bank (NatWest). The surprise offer comes one month after NatWest agreed to pay £10.8 billion ($17.4 billion) for the life assurer Legal & General.