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  • The Fortis banking and insurance group is making an offering of 25 million ordinary shares with expected proceeds of euro899 million.
  • Personal taxation: employee stock option plans
  • New York firm Cravath, Swaine and Moore is advising UK publisher Emap on the acquisition of US magazine publisher Petersen.
  • After much debate and delay, the Mexican Congress finally approved the 1999 budget on December 31 1998. The final measures do not differ from the original proposals submitted by the president in November, except that the controversial telephone tax proposal was scrapped.
  • During 1998 a number of very large cross-border tax-free acquisitions of US public corporations by foreign public corporations were completed. One of the largest was the acquisition of Amoco Corporation, a major US integrated oil company, by British Petroleum.
  • 1998 was a busy year for M&A. The International Tax Review insiders’ guide takes you into the heart of the deals, with advisers from Allen & Overy, Haarmann, Hemmelrath & Partner, Sullivan & Cromwell, Davis, Polk & Wardwell and Tory, Tory, Deslauriers & Binnington
  • Decisions in Mexico and the US allow Mexican entities to cut their assets tax base and banks to reduce reporting requirements. By Miguel Valdés, Nicolás José Muñiz, Frederico Aguilar and Jorge García of Ernst & Young in New York and Mexico City
  • Argentina's tax reform programme has introduced key changes in VAT, transfer pricing and income tax. But as Jorge San Martín and Hugo N Almoño of Price Waterhouse, Buenos Aires argue, the commitment to neutrality has been weakened
  • Canciello accomplishes all at IRS , Dogs carry Belgrade tax penalty, Happy birthday dear income tax, Taylor finds haven at Deloitte, Pink palace tested for dodgy foundations
  • Australian tax breaks cause controversy, PwC loses ground in Latin America, Japan proposes largest-ever tax reductions, Cartel probe follows PwC Italy merger, Italian government signs tax reform pact, Taxman freezes Pakistan's press, Russia placates regions with tax split deal