You know the sort of thing - the inevitable ‘what will happen next year’ discussion that takes place at this time of the year.
Chris Steel in Jersey , whilst in light hearted mood after obtaining his Open University degree, made his contribution in a recent email exchange - he says 2007 will be the year [...]
Citibank is being sued for $36 million in Switzerland by an irate customer whose bank account was defrauded by an employee, in which fraud he’s suggesting the bank was complicit by failing to exercise proper checks and controls over transactions undertaken without his direct authority.
The details of the case do not, at this stage worry [...]
It’s been announced that two Norwegian companies, Statoil and Hydro are to merge.
Both have great records on disclosure, tax and corporate responsibility. Could this be the creation of the world’s biggest ethical company, and be the basis for a real force for good?
I hope so.
The collapse of the investigation into BAE last week was a national disaster. I know Blair thinks he’s preserved jobs and the UK’s ties with a pretty oppressive regime, in the process supplying it with arms for which I can think of no useful purpose. I know he’s provided perhaps the final piece in the [...]
A new publication called “A guide to tax work for NGOs“,written by Joel Friedman and published by the International Budget Project has just been published.
This guide is intended to help demystify revenue policy issues and give civil society budget groups the tools they need to influence revenue policy in the same way that they have [...]
A lawyer with some sympathy for what is argued here sent me the following, which comes from the IRS in the USA:
Q: Who is a grantor of a trust?
A: The grantor (also known as trustor, settlor, or creator) is the creator of the trust relationship and is generally the owner of the assets initially contributed [...]
Condemnation of the level of bonuses being paid in the City this year has been almost universal. When the daily Telegraph in the UK and the New York Post (a Murdoch paper) in the US are agreed I need hardly quote the Observer, but will because I think it summarises things quite well:
The bonuses being [...]
The Tax Competition Issue
The fourth quarter 2006 edition of Tax Justice Focus is a special edition on tax competition edited by guest editor John Christensen, Director of the Tax Justice Network International Secretariat.
In his editorial, ‘Welfare for the rich’, John writes of the scandalous situation whereby huge sums of public money are channelled to rich, [...]
For copyright reasons I reproduce part of the Treasury’s Christmas card here.
I was amused.
The illustration is by Axel Scheffler and promotes Booktrust.
Last week TJN-UK published a press release on research undertaken on its behalf by Richard Lupson-Darnell.
The background note on that research has been published and is available here.
