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China's Ministry of Finance has announced it will introduce a 6% tax on coal imports starting from December 1 this year. Coking coal, which is used for steel production, and anthracite will be taxed at 3%. China had a similar import tax on coal until it was removed in 1997.

In a possible sign of increasing transparency from the UK government and tax authorities, the country will become only the second in the world to supply individual taxpayers with a breakdown of where their taxes are being spent, starting next week.

Vince Capurso has rejoined GGCP, the investment adviser and brokerage services provider to mutual funds and institutional investors, as general tax counsel. He will re-assume the position of executive vice president and chief financial officer. He has also rejoined GAMCO Investors as general tax counsel.

Garrigues has strengthened its tax department in Spain, with the appointment of three new partners. Francisco Lavandera (pictured left), in Barcelona, is an international tax specialist who advises multinational groups on setting up or investing in Spain, and Spanish family-run businesses, particularly on M&A. He also advises foreign financial institutions and funds on the tax aspects of their products or investment schemes.

To add your firm's deals to our deals table, email Joe Stanley-Smith at joseph.stanley-smith@euromoneyplc.com.

David Cole has stepped up to become a partner at Vinson & Elkins in Houston.

A new strategy and action plan aimed at developing better customs risk management has been approved by the EU Commission.

The Delhi High Court’s ruling in the Copal Research Limited, Mauritius case is the first on the taxation of the indirect transfer of Indian assets since the previous government’s much talked about amendment following the Supreme Court’s Vodafone decision.

With financial institutions struggling to deal with an abundance of new regulation, a new report urges the new EU Commission and Parliament to focus on growth, rather than implementing a badly designed tax that could spell disaster for the European economy.

The government has proposed changes to Japanese consumption tax (JCT) place of supply rules, so the levy applies equally to foreign and domestic suppliers of digital services.