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Miles Walton of Allen & Overy argues that tax havens play an important role in achieving certainty of tax treatment, while Martin Hearson of ActionAid believes that global information exchange is the key to ensuring that such locations do not deprive developing countries of vital funds

John Bartlett from BP explains how the recession has had an impact on his tax department

Getting wise about transfer pricing

Roberto del Toro Karina Perez Given the situation of the global economy, the Mexican tax authorities issued on March 27 2009, a new capital repatriation decree which repeals the two former decrees (1995 and 2005 decrees) to grant tax benefits with respect to investments repatriated to Mexico.

Catherine Le Bourgeois has joined the Cragus Group, a firm of tax advisers, in Dubai. She has worked as a tax director for several multinational companies and also in private practice. Her experience covers corporate structuring, joint ventures, cross-border transactions, due diligence and transfer pricing in the financial institutions, real estate, software industry, internet, transport, and logistics sectors.

Indian tax firm BMR Advisors-Taxand has appointed three new tax partners. Gagan Malik has become partner in the firm's direct tax practice and will lead the firm's office in Singapore. Anurag Jain joins the same practice and will be based in New Delhi. Mahesh Jaisingh has been appointed to the company's indirect tax practice based in Bangalore.

Dutch law firm Van Mens & Wisselink, now VMW Taxand, has strengthened its tax department with the addition of three lawyers from Deloitte in Amsterdam. Roelof Vos joins the firm as a partner and head of the tax law department, along with two associates. Vos is an indirect tax adviser.

Tax advisers and lawyers competed fiercely for the Asia Awards in Singapore in November

The structuring and execution of the vehicle many investors use for their Japanese property investments is key to successful bond buy-backs, believe four real estate and tax advisers from White & Case in Tokyo

Two conferences held last month in Paris highlighted the potential for transfer pricing to get more and more complex for tax departments. They put a focus on the need for better international cooperation on transfer pricing rules and regulations.