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  • Slaughter & May advises Abbey National
    UK firm Slaughter & May advised the Abbey National Group on the acquisition of three finance businesses from NatWest Group.
    March 01 1999
  • Norton Rose advises on AXA deal
    Norton Rose in London is advising French insurance company AXA on the acquisition of UK insurers Guardian Royal Exchange. The deal is valued at $5.6 billion.
    March 01 1999
  • Airtouch seeks IRS ruling on Vodafone merger
    Airtouch Communications Inc is seeking a ruling from the US Internal Revenue Service (IRS) due to fears that their $58 billion merger with Vodafone will not satisfy a requirement for tax-free transactions.
    March 01 1999
  • Canada seeks brighter APA future
    The Canadian APA programme has had a rocky start since it was established in the early 1990s. But, as George Will of KPMG LLP, Toronto reports, a new attitude on the part of Revenue Canada could encourage more multinationals to seek the certainty of an agreement
    March 01 1999
  • De Brauw poaches Buruma’s tax team
    Netherlands law firm Buruma Maris has lost its entire tax practice to the Dutch Linklaters & Alliance member, De Brauw, Blackstone, Westbroek.
    March 01 1999
  • Plesner & Grønborg partner resigns amid fraud scandal
    One of Denmark’s leading tax advisers Robert Koch-Neilsen of law firm Plesner & Grønborg, has resigned his position at the firm following a financial scandal involving one of his clients. Kurt Torsen, a development entrepreneur, is under investigation by the Danish police after a signature on guarantees used by him to raise money for his projects was found to be false.
    March 01 1999
  • Simpson Thacher & Bartlett produces chemical reaction
    Chemical company Rohm & Haas is acquiring rival firm Morton International for $4.6 billion. The purchase will be paid two-thirds in cash and one-third in stock.
    March 01 1999
  • Yahoo! and Geocities look to the specialists
    Leading US internet company Yahoo! is acquiring GeoCities for $4.7 billion in a pooling of interests transaction. The deal will give Yahoo! the widest reach on the internet, recovering ground recently lost to America Online and Microsoft.
    March 01 1999
  • News in Brief
    Bond market fails to win exemption, Manx Treasury reveals 15% company tax, Indonesia gives tax breaks to revive economy, Loss of revenue reveals Japanese troubles
    March 01 1999
  • TaxFax
    If you’re already frightened by the year 2000 problem, here’s more gloomy news for you. The New Zealand Inland Revenue has issued a greatly sympathetic leaflet, reminding us all that computer failure is no excuse for not paying taxes.
    March 01 1999
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