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  • The South Korean government has decided to extend the period of a corporate tax cut - for larger foreign companies - from five to seven years
  • 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.
  • 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.
  • Owen Arthur, prime minister of Barbados, has called on the UN to establish rules to govern cross-border taxation issues
  • 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
  • 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
  • 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
  • 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
  • Joan O'Connor, an international tax partner of Deloitte in Dublin, became president of the Irish Taxation Institute on August 8 for a one-year term.