Number 5 - 2007 contains the following:
 

This article considers the implications of controversial proposed tax changes in Canada for foreign investors in, or foreign acquirers of, Canadian businesses carried on through publicly-traded flow-through trusts. These proposals would terminate flow-through tax treatment and substitute tax effects comparable to those historically applicable to publicly-traded taxable Canadian corporations. The issues are examined in the context of a comparative review of Canada's tax treatment of foreign investors in, or foreign acquirers of, publicly-traded Canadian corporations. The main focus, where the challenges are greatest, is on total foreign takeovers and acquisitions.

Over the last few years, the governments of Australia and New Zealand have introduced various measures to encourage venture capital investment in SMEs. The schemes are heavily regulated and were specifically designed to support the development of the "formal" venture capital markets in these countries. This article examines and compares some of the recent venture capital reforms that have been implemented, or are in the process of being implemented, in Australia and New Zealand. The article focuses on the design of these countries' tax expenditure schemes and the investment vehicles used in them.

Singapore's Budget for 2007, presented on 15 February 2007, emphasized more long-term restructuring and developments which are required to retain the dynamism of the Singapore economy in order to continue to attract investments and talent and to maintain strong incentives for business. The 2007 Budget focuses on developing new strategies to meet the challenges of globalization, but some of the measures fine-tune the existing tax framework to keep the relevant sectors competitive and, at the same time, strengthen the foundation for further growth. etc.

In its judgement in the van Hilten-van der Heijden case, handed down in February 2006, the European Court of Justice ruled that the Dutch inheritance tax, which is based on nationality, is not incompatible with EC law and that the Netherlands may tax the heirs of its nationals even if the legator resided abroad at the time of death. This article examines the Advocate-General's decision and the ECJ's judgement in van Hilten-van der Heijden. The article also makes observations on the ECJ's judgement and gives examples illustrating that there may be a restriction on the free movement of capital in some cases.