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  • Sue Bonney, the head of KPMG's UK tax practice, has been picked to as head of tax for the firm's European operation. She will retain her UK responsibilities. She is also leader of tax and people services in Europe, Middle East and Africa. The new role will have both strategic and operational aspects.
  • America's 12th largest accountancy firm Moss Adams has recruited Michael Ferguson as a partner in its international services group. He was formerly international tax services leader for Ernst & Young in Seattle and Portland. Ferguson has extensive experience in international taxation of inbound and outbound transactions of US and foreign businesses and individuals, tax efficient structuring and financing for acquisitions and dispositions, and tax planning for international business structuring.
  • A report from a study group for the centre-right opposition party in the UK has said the party's ambition should be to reduce the corporate tax rate to 25%
  • The Czech Parliament has voted to cut the country's corporate tax rate to 19% over the next three years
  • High taxes for Uganda's telecoms companies have been attacked as inefficient
  • Owen Arthur, prime minister of Barbados, has called on the UN to establish rules to govern cross-border taxation issues
  • Grant Thornton in America has appointed a new head of transfer pricing. David Bowen joined from the Internal Revenue Service where he worked in the associate chief counsel's office.
  • Vadim Mahmoudov has become a partner of Debevoise & Plimpton in New York. His practice covers domestic and international M&A, spin-offs, bankruptcies and restructurings, and private equity fund formation
  • A draft tax bill, published by Peter Dutton, the minister for revenue, on August 16, aims to change the rules in Australia on thin capitalisation, company tax losses, capital gains tax for statutory licences, property trusts and stapled securities
  • The Indonesian government has announced that it will cut corporate income taxes for local companies seeking to list on the jurisdiction's stock exchanges, reports The Jakarta Post