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  • Jane Kennedy, the new financial secretary to the Treasury, will have overall responsibility for the tax system in the government of Gordon Brown, the new British prime minister
  • By Clark Chandler (US), Steve Fortier (US), Steve Kadenacy (US), Masanori Kawanobe (Japan) and Dave Rutges (The Netherlands)
  • Alan Granwell, partner in DLA Piper's Washington DC office, and Qinghua Xu, China group director for the continental Western European area, Ernst & Young, examine the new Chinese Enterprise Income Tax Law
  • Andrzej Puncewicz and Pawel Tonski, manager, at Accreo Taxand in Poland investigate the tax benefits for investors in the Polish real estate market
  • Stef van Weeghel Stef van Weeghel is moving to Linklaters at the beginning of September after more than 20 years as head of tax at Stibbe in Amsterdam. Van Weeghel described the move as a challenging opportunity to establish a Dutch tax practice for Linklaters, who approached him first about six months ago.
  • Michel Collet CMS Bureau Francis Lefebvre has appointed five new partners, bringing the total number of partners to 86. Two of the new partners specialise in tax.
  • Venezuela has reduced its value added tax for the second time this year. In March the rate was reduced to 11% from 14% and on July 1, it fell again by two percentage points, to 9%, making it the lowest in Latin America.
  • The German government's corporate tax reform bill won the backing of the Bundesrat upper house of parliament at the beginning of July, clearing its final parliamentary hurdle.
  • Neil Wilson The release of the law administration practice statement PS LA 2007/8 by the Australian Taxation Office (ATO) will be of interest to companies with captive insurance arrangements. A number of new non-resident captive insurance arrangements have been established since the relaxation of the related party transaction provisions in the controlled foreign company rules from July 1 2004.
  • What do Islamic finance arrangements mean for the tax director or adviser? King & Spalding's Kevin Conway and Suzanne Feese analyse the different tax approaches in the US and the UK