Facebook paid under £5,000 in UK corporation tax last year, using a complex structure to book profits offshore.
Weil Gotshal & Manges has lost its head of tax in London, private funds expert Jonathan Kandel, to Kirkland & Ellis.
New graduates from law schools could be facing a 'tax bomb' in 17 years time if they are forgiven part of their educational loans, according to a professor at Southern Methodist University.
TAX IN JAPAN
The 150-partner law firm, fresh from expanding on the east and west coasts of the US, is adding an affiliate office in Japan which will specialise in corporate tax.
New York-based Hughes Hubbard & Reed - which lists 370 lawyers and advisers on its website - has now parted company with Jeff Galloway, who was a partner specialising in complex litigation before the scandal broke.
Withers has increased its US practice by nearly a third in the last five weeks - taking on a new team in Greenwich, Connecticut before the latest move which adds another three California bases.