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On February 10 2015 the Dutch Ministry of Finance announced that it will not apply the Skandia judgment, while the UK says businesses will have to make changes to comply with the judgment by 2016.

Three African countries have joined the OECD-led Global Forum on Transparency and Exchange of Information for Tax Purposes.

The forthcoming draft Accounting Standards Update (ASU) on share-based payment, also known as stock-based compensation, from the Financial Accounting Standards Board (FASB) in the US will propose revisions relating to the representation of tax benefits and deficiencies in the income tax expense and statement of cash flows. However, the changes are unlikely to bring US Generally Accepted Accounting Principles (GAAP) closer to IFRS (International Financial Reporting Standards) on this issue.

Those who are subject to the Foreign Account Tax Compliance Act (FATCA) - financial institutions – and those who have agreed with the US to help make it work - tax administrations - have a chance this week to get a feel for the mechanics of how information will be exchanged under the legislation.

To add your firm's deals to our weekly online or monthly print deals tables, contact Joe Stanley-Smith on joseph.stanley-smith@euromoneyplc.com

With the Indian Budget fast-approaching, Subhankar Sinha, senior vice president, head of tax for the South Asia region at Siemens, looks at the tax measures that could be used to incentivise the government's 'Make in India' campaign.

Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition $2 billion Rite Aid Corporation Envision Pharmaceutical Services Skadden, Arps, Slate, Meagher & Flom: Stuart Finkelstein Acquisition $600 million AstraZeneca Rights of Actavis' branded respiratory business in the US and Canada Stikeman Elliot: John O'Connor and Lindsay Gwyer Acquisition $97.6 million Greenhill & Co Cogent Partners Skadden, Arps, Slate, Meagher & Flom: Sally Thurston Acquisition $63 million Centreal National-Gottesman Spicers Canada from PaperlinX McCarthy Tétrault (PaperlinX) Acquisition Undisclosed Nautic Partners IPS Corporation Skadden, Arps, Slate, Meagher & Flom: Edward Gonzalez Acquisition Fico Tonbeller Faegre Baker Daniels - advised in Germany by Luther Rechtsanwaltsgesellschaft: Nicole Frölich and Tilo Künstler Acquisition TPG [a global private investment firm] Actavis' pharmatech business Stikeman Elliot: John O'Connor and Lindsay Gwyer Acquisition Undisclosed Hewlett-Packard Company Voltage Security Skadden, Arps, Slate, Meagher & Flom: Sean Shimamoto Acquisition Daikin Industries group Solvay Germany's German refrigerant business Luther Rechtsanwaltsgesellschaft Acquisition Spectrum Brands Holdings Salix Animal Health Luther Rechtsanwaltsgesellschaft; Taxand Netherlands Type of Deal Value Issuer/ Borrower Lead managers/ arrangers Adviser to issuer/ borrower (tax) Adviser to lead managers (tax) Offering of common stock $459 million Omega Healthcare Investors Merrill Lynch, Pierce, Fenner & Smith; J.P. Morgan Securities; Morgan Stanley & Co; Stifel, Nicolaus & Company; Credit Agricole Securities; RBC Capital Markets; SunTrust Robinson Humphrey Skadden, Arps, Slate, Meagher & Flom (all) IPO of class A common stock $180 million Easterly Government Properties, Inc Citigroup Global Markets; RBC Capital Markets; Raymond James & Associates Skadden, Arps, Slate, Meagher & Flom (all) Offering of common stock $70 million Horsehead Holding Corp Stiefel, Nicolaus & Company Skadden, Arps, Slate, Meagher & Flom

Incoming changes to the provisions of the France-Luxembourg tax treaty should not cause too much concern for taxpayers, who will still have means for tax efficient real estate structuring in France.

The Germany special feature is available as a downloadable pdf

International Tax Review’s Joe Stanley-Smith speaks exclusively to Hans Mooij, the architect of TRIBUTE – an organisation looking to shake up the world of tax arbitration.