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  • Clifford Chance advises on transatlantic acquisition
    Clifford Chance is advising the Bank of New York on its acquisition of Royal Bank of Scotland Trust Bank, which is the largest provider of pension fund services in the UK.
    April 30 1999
  • Davis Polk advises as Comcast acquires again
    Comcast, the Philadelphia-based cable-television company, is continuing its aggressive acquisitions policy by buying MediaOne Group.
    April 30 1999
  • 1999 Federal Budget
    The February 16 Budget did not contain any major rate or structural changes. The most significant technical measures and announcements are discussed below.
    April 30 1999
  • International Tax Review available daily on the Internet
    The Lawmoney.com website, the daily news service that is a sister to International Tax Review, has been redesigned and improved. The quality information and news that you expect from ITR is now easily available daily on the website.
    April 30 1999
  • Derouin leaves Gide for international attractions
    Beleaguered French law firm Gide Loyrette Nouel has asked its management team to step down, following the exodus of six more partners, including tax partner Philippe Derouin.
    April 30 1999
  • Wachtell Lipton directs Fleet
    US law firm Wachtell, Lipton, Rosen & Katz is advising Fleet Financial on its takeover of BankBoston. The acquisition, which is valued at $16 billion will end BankBoston’s four year aggressive expansion policy.
    April 30 1999
  • Industrial appointment signals shift in German tax direction
    The German Finance Minister, Hans Eichel, has indicated that he will appoint Heribert Zitzelsberger, Head of Tax at Bayer Chemicals, as his deputy on tax policy. The move may promote better relations between industry and government on tax policy, following the unpopular policies of former finance minister Oskar Lafontaine.
    April 30 1999
  • News In Brief
    Deloitte Touche Tohmatsu to integrate globally, De Beers in diamond value dispute, Sweden’s finance minister resigns in tax row, Japan gives break to petrol groups
    April 30 1999
  • VAT case puts pressure on UK customs
    UK Customs & Excise have lost a landmark case on VAT to credit company FDR. The decision, by a VAT tribunal, places pressure on the government to scrap the measure it introduced in the March Budget, stating that outsourced financial services are subject to VAT.
    April 30 1999
  • Vinson & Elkins in hi-tech deal
    BMC, a software company in Houston has bought New Dimension Software, an Israeli company, for $9.6 billion. New Dimension manufactures software which manages complicated computer systems, and BMG specializes in similar software.
    April 30 1999
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