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  • Dogan Yayin, Turkey's largest media company, has appealed a ruling from Istanbul 3rd Tax Court requiring it to pay TRY1.4 billion ($921 million) in a 2006 tax dispute.
  • Linda Lizotte-MacPherson, commissioner and chief executive officer of the Canada Revenue Agency (CRA) made an appeal to Canada's tax lawyers to exercise more responsibility at the Canadian Tax Foundation's 62nd annual tax conference (conference) in Vancouver on November 30 2010.
  • The UK government has asked one of the leading tax counsel in London to lead a study into the feasibility of a general anti-avoidance rule.
  • the principles of Community law governing unjust enrichment – Refusal to reimburse a national tax held to be incompatible with Community law, on grounds of unjust enrichment arising from the direct link between the introduction of the unlawful tax and the abolition of other taxes charged on another basis – the position of product importers against purchasers of similar domestic products, who had less of the unlawful tax to pay
  • The Tax Court of Canada has ruled in favour of the taxpayer in a case dealing with the application of the goods and services tax (GST) to payments made under a credit card agreement.
  • The three main options under discussion in Europe for taxing the financial sector create a risk of double taxation, a panel of tax specialists has said.
  • President Barack Obama has nominated Judge Maurice Foley for another term on the US Tax Court.
  • Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition Undisclosed Edmond de Rothschild Capital Partners Béaba Group Bredin Prat - Yves Rutschmann and Magali Buchert Acquisition Undisclosed Zynga Newtoy Fenwick & West - Tim Fitzgibbon Acquisition Undisclosed Cisco LineSider Fenwick & West - Idan Netser Type of Deal Value Issuer/Borrower Lead managers/arrangers Adviser to issuer/borrower (tax) Adviser to lead managers (tax) Eurobond issue $666 million Lottomatica Group Credit Suisse Securities (Europe), J.P. Morgan Securities, Mediobanca – Banca di Credito Finanziario, Société Générale and UniCredit Bank Shearman & Sterling - Bernie Pistillo
  • UK Uncut’s protests, which occupied Vodafone and Topshop stores across Britain last weekend, are set to continue despite the government’s new measures to tackle tax avoidance.
  • Type of Agreement Country Country Date Signed Tax Information Exchange Agreement Panama US November 30 2010 Double Tax Agreement Hong Kong New Zealand December 1 2010 Tax Information Exchange Agreement Bermuda China December 2 2010
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