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  • Time Warner and Boston Ventures have agreed to sell their interests in Six Flags, a US theme park group, to Premier Parks. Premier is paying $965 million to acquire 12 parks and licensing rights.
  • UK industrial conglomerate BTR, has agreed to sell its worldwide glass and plastics packaging business to Owens-Illinois, the leading manufacturer of glass containers in the US. The deal is worth $3.6 billion.
  • Halliburton, the Texas-based oilfield services group, has made a $7.7 billion bid to buy rival company Dresser Industries.
  • Insurance and asset management groups Commercial Union and General Accident have agreed to merge in a deal worth $12 billion. Clifford Chance in London is representing General Accident. Tax partner Douglas French heads the tax team.
  • Directive 69/335/EEC — Duty charged on documents recording the contribution of a part of the share capital.
  • Tax advice providers are starting to register sites on the Internet, but have they stopped to consider what clients really want? If they haven’t, then they should. Adrian Preston and Phillippa Cannon report on the most popular tax web sites
  • A special report prepared by Michael Knee, Washington and Robert Misey, Nashville Deloitte & Touche LLP
  • Italy, Spain, Sweden and Switzerland are not celebrated expatriate tax locations, but as the third and final part of this survey shows, they offer some hidden attractions, some planning opportunities, and present some pitfalls to watch out for
  • China offers foreign investors a host of tax incentives, many of which can run simultaneously. Kenneth Leung of Clifford Chance, Hong Kong looks at the opportunities, the criteria for qualification and the interaction of the available incentives
  • Hans-Peter Niedrig and Axel Schiller of KPMG Düsseldorf use practical examples to illustrate the real affects of changes to German tax law, including the taxation of reorganization profits, accruals for anticipated losses, and loss deductions for shell purchases