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International law firm Cleary Gottlieb Steen & Hamilton has promoted Richard Sultman to partner.

More information has been released on the new German government's planned tax reforms, though the finance minister has ruled out any major changes.

Alistair Darling, the UK Chancellor of the Exchequer, will present the pre-budget report on Wednesday December 9 to parliament. The PBR includes the government's tax plans for the next fiscal year.

Indirect taxes on the raising of capital; Loans taken up by a capital company before accession of the member state to the European Union; Liability to capital duty under national legislation; Conversion of the loans into shares after accession of member state to the European Union; Capital duty payable on that transaction increasing the capital; Immediate application of the new rules.

The European Court of Justice (ECJ) judgement in the Skatteverket v AB SKF case could have significant VAT implications for European holding companies

The member states of the Gulf Cooperation Council should be seen as onshore financial centres and not tax havens, a lawyer at a leading international firm has said

Liechtenstein has made further progress in its bid to be considered as a tax-compliant state by joining the OECD's Global Forum on Tax Transparency and Exchange of Information.

Mexico's latest tax reform package has left taxpayers infuriated by its lack of substantial changes, a leading tax professional has said

The fierce competition in the region for top-class tax advice is reflected in the nominations for the Asia Tax Awards 2009, which are announced today

Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition $44 billion Berkshire Hathaway BNSF Cravath, Swaine & Moore Michael Schler Acquisition Undisclosed TripAdvisor Kuxun.cn Simpson Thacher Acquisition Undisclosed BayWa MHH Solartechnik Linklaters Rainer Stadler & Elmar Bindl Type of Deal Value Issuer/Borrower Lead managers/arrangers Adviser to issuer/borrower (tax) Adviser to lead managers (tax) Residential Mortgage-backed Securitisation £3.5 billion ($5.8 billion) Nationwide Building Society Allen & Overy Jeremy Moncrieff Notes Offering $2.875 billion Ford Motor Company Barclays Capital, Citigroup Global Markets, Deutsche Bank Securities, Goldman Sachs, JP Morgan Securities Inc, Merrill Lynch, Pierce, Fenner & Smith, Morgan Stanley and RBS Securities Davis, Polk & Wardwell Kathleen Ferrell & Matthew Kohley Notes Offering $2 billion IBM Citigroup Global Markets, HSBC Securities & Morgan Stanley Davis, Polk & Wardwell IPO $1.09 billion Hyatt Hotels Goldman Sachs, Deutsche Bank Securities & JP Morgan Securities Cravath, Swaine & Moore Michael Schler Common Stock Offering $129 million Hubbell Incorporated Morgan Stanley & JP Morgan Simpson Thacher Jonathan Cantor