In this Issue:

*"NEW US/NETHERLANDS TAX TREATY REGULATIONS" by Peter Kirpensteijn

*2004 16th ANNUAL CONFERENCE London, England co-hosted by Memery Crystal & Fladgate Fielder

*REVIEW OF AUSTRALIA'S INTERNATIONAL TAX ARRANGEMENTS - CONTROLLED FOREIGN CORPORATION AND PROFIT REPATRIATION REFORMS by Peter Carroll Director (Taxation), Gadens Lawyers Brisbane, Queensland Australia.

*THE UNION BUDGET 2004-05 by Ravi Singhania

*FRENCH PARTNERSHIP AGREEMENTS: A New Form of Cooperation between Public and Private Entities By Simon Lowe, partner and Anne Petitjean, associate

*A BRIGHT ENDING FOR PG&E AND THE CALIFORNIA POWER CRISIS by Gary M. Kaplan

*WHO CAN WORK IN THE U.S. AND WHEN: A PRIMER FOR EMPLOYER SANCTIONS by Tim Murphy