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The period during which nonresidents can request the refund of excess taxes paid has traditionally been a controversial matter in Spain.

Pity Hungarian tax debtors this summer. Whatever summer holidays they might have planned, they may find themselves unable to leave the country.

Big five firm KPMG has formed a strategic tax alliance with Morrison & Foerster, a US West Coast law firm. This is the first time that a big law firm has formed a relationship with a big five accounting firm in the US

After years of exclusively providing tax advice, Netherlands firm Loyens & Volkmaars has decided to expand its practice. Taking advantage of the closure of general practice firm Loeff Claeys Verbeke, Loyens has recruited 26 partners in Rotterdam and the Hague. Their areas of speciality include corporate, labour, banking and real estate.

The world of faceless tax advice moved one step closer when Ernst & Young announced the launch of the first on-line tax adviser. Endearingly named Ernie, the adviser will allow clients to ask tax questions and receive written answers on-line.

Slaughter and May is advising UK household products company Reckitt & Coleman on its merger with Benckiser in the Netherlands. The move will create the world’s largest household cleaning products company, valued at £4.86 billion ($7.84 billion).

Linklaters & Alliance advised Centrica plc on its acquisition of the Automobile Association. The value of the transaction was £1.1 billion ($18 billion).

National Westminster Bank and the UK government are celebrating a victory over the US Internal Revenue Service (IRS) , following a US ruling on National Westminster’s tax payments.

On July 9 1999, the Treasury formally withdrew the proposed and temporary regulations issued on March 23 1998, relating to the use of hybrid branch entities to avoid subpart F income. At the same time, the Treasury issued new proposed regulations on the treatment of hybrid branch transactions. The Treasury also officially withdrew the proposed regulations relating to the treatment of foreign partnerships for purposes of subpart F (Brown Group regulations) but did not issue any new regulations in their place. New regulations regarding the treatment of a controlled foreign corporation's (CFC) distributive share of partnership income will be proposed at a later date.

On June 25 1999, a working committee in the Netherlands published a report entitled Business Taxation in the 21st Century. The committee was composed of representatives of the Ministries of Economic Affairs, Agriculture and Finance, and employer unions and trade associations. They made a number of recommendations concerning the tax laws, some of which expanded upon legislation and others which proposed stricter limitations. The most significant of these recommendations are those that affect entities such as NVs (public limited companies) and BVs (private limited companies).