These are my links for April 6th:
- Credit crunch sparks fair value revolt – Accountancy Age – I believe in international reporting standards. But is the IFRS fair value model now shown to be fundamentally flawed? I think it is – precisely because it creates a market feed-back loop that is highly destructive in a down side economy
- Labour donor Lord Sainsbury avoids £27m capital gains tax – Telegraph – When the tail wags the dog things always go wrong
- Tax Justice Network: Country by Country reporting: briefing paper – Good discussion – worth reading
- Tax Justice Network: The Precarious State of Public Finances – Public finances are under coordinated attack – and need to be defended if democracy is to survive
- Finance bill adds to tax complexity, says ACCA – Financial Director – Chas Roy-Choudhury of the ACCA does like talking to the right wing, anti-tax web sites. Is that what a representative of a profesiional body should really be doing with his time? Look at tax-news.com to see what I mean
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