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PricewaterhouseCoopers won the Asia tax firm of the year award at International Tax Review's fourth Asia Tax Awards in Singapore last night.

The US Congress has outlined plans that will drastically reshape the way US issuers sell bearer bonds to non-US investors.

Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition Undisclosed Daimler AG & Aabar Investments PJSC Brawn GP Taylor Wessing Peter Jackson Acquisition Undisclosed Resolution Limited Friends Provident Group Davis Polk & Wardwell John Paton Type of Deal Value Issuer/Borrower Lead managers/arrangers Adviser to issuer/borrower (tax) Adviser to lead managers (tax) Tranche deal £715 million ($1.18 billion) Virgin Media Fried Frank Keith Featherstone & Lisa Levy Notes Offering €405 million ($606 million) TVN Finance Corporation JP Morgan & Nomura Simpson Thacher & Bartlett Meredith Jones & Seojung Park If you would like to raise the profile of your firm, please send deal information to Jack Grocott (jgrocott@euromoneyplc.com).

Type of Agreement Country Country Date Signed Link Tax Information Exchange Agreement New Zealand Bahamas November 18 2009 Link

The decision of the UK tax authorities to extend the deadline for taxpayers wanting to declare offshore accounts has been welcomed by a leading tax organisation

Chu Yam-yuen will succeed Alice Lau Mak Yee-ming as commissioner of Hong Kong's Inland Revenue Department on December 6. He steps up from his role as deputy commissioner of Inland Revenue. Mak has been commissioner since August 2002.

David Howard has joined Hoge Fenton Jones & Appel, a Northern California law firm, in its Silicon Valley office. A certified public accountant and an attorney, he was formerly a partner with Deloitte for more than 20 years. He specialises in handling income tax controversies in all jurisdictions for large corporations and wealthy individuals; advising on domestic and international tax strategies and compensation plans; assisting high net worth and high profile clients; individual and business income tax planning and business succession planning,

Indian law firm J Sagar Associates has hired Sunil Jain as partner in their direct taxes practice.

The tax subcommittee of the President's Economic Recovery Advisory Board (PERAB) announced that it will delay issuing its report on US tax reform until the end of the year or early 2010

The UK tax authorities are stepping up their campaign to remind companies about VAT filing and payment changes in 2010.