These are my links for May 14th:
- UK corporates moving overseas: will they stay or will they go? – Accountancy Age – I’ve said it before, and I will again. A few will pretend to go. It will cost the UK a few million, benefit Ireland not one iota and will speed corproate tax reform. Big business is its own worst enemy.
- UPDATE:Defense Cos Seek Senate Backstop On Offshore Tax Bill – Simply staggering that they have the nerve to do this.
- Regulatory cost burden forecast to double – Accountancy Age – And it will still be much less than the cost of the credit crunch. Or the tax evasion they enable.
- Treasury heads towards breaking golden rule – Accountancy Age – So what? The rule was made a long time ago in a different economic circumstance. Only a fool keeps to a self imposed rule when their circumstances change.
- FT.com / Companies / Energy Utilities Mining – Lonmin to offload pension liabilities – Profoundly worrying
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