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  • A Korean government policy maker has said the government plans to cut income and local taxes by more than 10%
  • Authorities in Jordan are planning special tax breaks for companies investing in the country’s less developed regions
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  • Willkie Farr & Gallagher is strengthening its corporate and tax practices in Milan, hiring two Italian partners and two M&A lawyers scarcely 20 months after they spurned PricewaterhouseCoopers’ Landwell network for the flexibility of a local firm
  • The Philippine Congress is to consider a proposal to impose 12-year tax breaks on investments in a bid to encourage investment in the country
  • A court ruling has strengthened the German tax authority's battle against tax evasion.
  • CMS Bureau Francis Lefebvre, the French member of the CMS European alliance, has hired the head of international tax relations at the French authorities
  • The EU Commission could enact legislation governing employee share option schemes, making it easier for companies throughout the single market to operate such schemes.
  • India's committee on the taxation of e-commerce has asked the government to look at various ways of increasing tax revenues from the information technology industries
  • Hong Kong's finance secretary is downplaying suggestions that the government should introduce a 3% general sales tax (GST) following a report issued this week proposing its introduction