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A publicly played-out dispute over tax policy within the German coalition government came to a head on Saturday, with Chancellor Angela Merkel openly rejecting the claim from a junior coalition partner that tax cut proposals had been taken off the government’s agenda and would therefore not see implementation.

The UK Uncut protest group has backed calls for the resignation of Dave Hartnett, HM Revenue & Customs’ (HMRC) permanent secretary, over a tax settlement with Goldman Sachs.

India’s efforts to protect its revenue base have been boosted with the completion of the amended tax treaty with Switzerland.

The definition of permanent establishment and the taxation of business profits are precisely inter-related and therefore can reasonably be considered common.

International efforts to clamp down on tax evasion have drawn in €14 billion ($19 billion) from would-be tax evaders, the OECD has confirmed.

The State Council of China has approved a pilot programme to replace turnover tax with a VAT.

A final twist in Vodafone’s Supreme Court case played out last week with AT&T questioning the court on a matter that could affect the outcome of the telecommunication company's case.

In early August, the Brazilian government announced several measures with the aim of benefitting local manufacturers and exporters of goods and services. Referred to as Brasil Maior (Greater Brazil) and the subject of much media attention, the government's plan is to augment national competitiveness through incentives for technical innovation, research, and added value in production as well as provide clear advantages for exporters who are suffering from the continued appreciation of the Brazilian real.

Type of Deal Value Acquirer Target Adviser to acquirer (tax) Adviser to target (tax) Acquisition $3.8 billion Cigna Corporation HealthSpring Inc Davis Polk & Wardwell - Kathleen Ferrell, Anthony Oliva Skadden, Arps, Slate, Meagher & Flom Acquisition Undisclosed Coraid Yunteq Inc Fenwick & West - Adam Halpern Acquisition Undisclosed Chegg Student of Fortune Fenwick & West - Andy Kim, Zachery Jones Acquisition Undisclosed Ariba Inc b-process SA Davis Polk & Wardwell Willkie Farr & Gallagher; Gunderson Dettmer Stough Villeneuve Franklin & Hachigian Type of Deal Value Issuer/Borrower Lead managers/arrangers Adviser to issuer/borrower (tax) Adviser to lead managers (tax) SEC-registered notes offering $3 billion GE Capital Barclays Capital; Citigroup; Credit Suisse; Deutsche Bank; JP Morgan; Merrill Lynch Davis Polk & Wardwell - Michael Farber Revolving credit agreements $1.72 billion National Rural Utilities Cooperative Finance Corporation JP Morgan Securities; RBS Securities Dewey & LeBoeuf Davis Polk & Wardwell SEC-registered notes offering $750 million JM Smucker Company JP Morgan; Merrill Lynch, Pierce, Fenner & Smith Calfee, Halter & Griswold Davis Polk & Wardwell - Harry Ballan, Juelle Gomes Senior secured credit facility $600 million DigitalGlobe Inc Morgan Stanley Senior Funding; JP Morgan Securities Skadden, Arps, Slate, Meagher & Flom Davis Polk & Wardwell - Samuel Dimon, Yuliya Epifantseva

When Jeffrey Owens announced his retirement as head of tax policy and administration at the OECD, the race was on to replace one of the most important figures in global tax affairs. Pascal Saint-Amans is that man and, in an exclusive interview, he discusses his priorities on transparency, transfer pricing and tax avoidance before taking up the position in February.