The Fair Tax Mark is featured in The Times this morning but I don’t pay to read it so I can only feature the headline: The corporate tax system is open to abuse but measures are afoot to plug loopholes What I can confirm is they come out firmly in favour of the transparency we propose.
Read the Rest…

The last of the ‘pullover’ videos deals mainly with issues relating to tax competition: If you want me to suggest a company that has no clue what to do with its money start with Apple. It’s cash pile exceeds $100 billion.

I was asked to write some observations on the subject of accountants and morality yesterday as part of research being undertaken for a forthcoming bool. I am sure I am one of a number of commentators asked the same questions, and no doubt the book will be a while in coming so I thought I
Read the Rest…

To those who do not read the Touchstone blog from the TUC I warmly recommend it. This fascinating insight was on there yesterday, written by Geoff Tily, an outstanding Keynsian economist who is now head of economics at the TUC: A second look at historic GDP data shows the current ‘recovery’ is the slowest on
Read the Rest…

I was on Channel 4 News last night talking tax and Apple:

Apple has proved its brilliance and it has been rewarded with enormous financial power. The trouble is that Apple does not appear to have realised that great power carries great responsibility, including a responsibility to pay taxes to the governments of the countries that have provided the company with the opportunity to make that profit.
Read the Rest…

The following was posted as a comment  n the blog by Ivan Horrocks, a regular commentator here. I thought it worth sharing more widely, with minor editorial changes and an addition because it expresses a sentiment with which I entirely concur: There’s a massive outcry about Greek debt and how and why it must be repaid otherwise
Read the Rest…

From an FT email this morning: Tax free tech is still up to all its usual tricks and making handsomely from it. No wonder they are now investing so much in opposing the OECD’s Base Erosion and Profit Shifting  process.

Some time ago I was invited to write on tax for the CBI’s Great Business Debate and the resulting blog was published yesterday. I stress, it did take a very long time to come out: I wrote the blog sometime in November and I can only presume it took until late January for a sufficient response
Read the Rest…