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Akira Akamatsu Jun Sawada On August 25, Japan and the Netherlands signed the new convention for the avoidance of double taxation and the prevention of fiscal evasion for taxes on income (new tax treaty) in Tokyo, revising the convention that was signed back in 1970.

Hélène Rives Emmanuel Raingeard Though article 221 – 2 of the French tax code provides tax neutrality for French companies moving their seat to another EU member state regardless of the impact this has on the legal personality of the company, no provision deals with the transfer of an EU company into France.

Bob van der Made The European Commission was expected to issue a new comprehensive strategic policy paper prepared by DG Markt on October 12 2010, however, this was postponed once more, this time until October 27 2010. The paper is the Commission's belated response to the Monti report presented to European Commission President Barroso in May 2010 and named after former EU Commissioner Mario Monti. The report contains recommendations for re-launching Europe's single market as a key strategic objective of the Commission. In the domain of (direct) taxation, a remaining symbol of state sovereignty within Europe's common market, the Monti report calls for the elimination of remaining cross-border tax barriers, binding dispute settlement rules for double taxation, a review of the EU's savings directive, work towards a common definition of the corporate tax bases and move forward with the work of the code of conduct group on business taxation, as well as revamping the EU Tax Policy Group. This was a political forum for high-level strategic discussions on tax policy composed of personal representatives of EU member state finance ministers and members of the European Commission. This group was first established in 1996 by Monti, then the EU tax commissioner and became dormant under Laszlo Kovács, his successor.

Carolina Lastra Natalia Núñez The Chilean government has proposed financing projects to reconstruct the damages caused by the February 27 earthquake, including a new mining royalty legislative action which was approved by Congress on October 13 2010. The Bill contains amendments to the specific tax on mining activities (STMA or royalty).

Simeon Grigorov Rossitza Koleva The positive development of the formal relations between Bulgaria and Qatar has been proven by the signing of numerous official documents covering the scope of the bilateral relations in many regional and international issues of common interest and concern.

Nélio B Weiss Philippe Jeffrey The Brazilian Congress approved by means of Decree 559, and published in the Official Gazette of August 9 2010, the text of the Double Tax Treaty (DTT) concluded on February 14 2005 between Brazil and Venezuela. The DTT still needs to be officially incorporated into Brazilian legislation through the issuance of a presidential decree to become effective.

Lorena Kurti Eylem Philippou The first treaty of avoidance of double taxation and prevention of fiscal evasion between Albania and Spain was signed on July 2 2010 in Tirana. The treaty will come into force after ratification by both contracting states.

Erin Kelechava

The Portuguese government announced that it will raise VAT by two percentage points to 23%.

The Indian government's revised paper on the controversial Direct Taxes Code (DTC) contains several provisions that will affect transfer pricing.