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  • Since 2010, the Young Tax Professional of the Year competition has been open to young students around the world. Joe Stanley-Smith caught up with the first and second prize winners, Karl Frenzel and Tetiana Polonska, to hear their views on the competition, university education today and how it feels to graduate into such a rapidly changing tax market.
  • Dorina Asllani Ndreka With Law No. 33/2017 approved on April 21 2017 and entering into force on May 7 2017, the Albanian Parliament has relieved businesses from old unpaid tax and custom duties.
  • Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquistion $10.4 billion Vantiv Inc Worldpay Group (United Kingdom) Skadden, Arps, Slate, Meagher & Flom Allen & Overy Acquisition $5.2 billion Walgreens Boots Alliance Rite Aid Corporation (Sale of 2,186 stores, related distribution assets and inventory) Sidley Austin; Weil, Gotshal & Manges Skadden, Arps, Slate, Meagher & Flom (Chase Wink); Jones Day Acquisition $2.8 billion Internet Brands WebMD Health Corp Simpson Thacher & Bartlett (Rob Holo and Sophie Staples) Shearman & Sterling (Ethan Harris and Ryan Au) Acquisition $2.2 billion (approx.) A wholly owned subsidiary of Royal Philips Holding USA Inc The Spectranetics Corporation Sullivan & Cromwell (Eric Wang and Michelle Lu)
  • Google triumphs, but its French tax woes are not yet over
  • Read this month's special features on tax technology and transformation, Mexico and New Zealand
  • Former managing director of State Street Bank and leading financial expert Avinash Persaud tells Salman Shaheen why he has designed a financial transaction tax (FTT) for Britain’s opposition Labour Party to help rein in the City of London.
  • The tax status and characterisation of passive holding companies has gained renewed interest with Article 7 of the OECD’s Multilateral Instrument (MLI) containing some reference to these entities. Mauro Manca of Giovannelli e Associati looks at how these structures can still work if there are sound organisational reasons in the MNE structure.
  • The tax regimes governing the gig economy, combined with the rules on self-employed individuals, have led to the success of companies such as Uber and Deliveroo. However, the Taylor Review on modern working practices has suggested radical changes that could change it all and stop other sectors adopting similar practices. Anjana Haines talks to the report’s author, Matthew Taylor, to discuss his recommendations and what they could mean for the future of the gig economy.
  • The four founders of TaxCOOP, Brigitte Alepin, Allison Christians, Lyne Latulippe, and Louise Otis introduce their forum for developing good tax policy.
  • The Belgian government is bringing down corporate tax rates