Bloomberg report: Britain’s financial regulator is demanding information from the country’s biggest banks on how they structure themselves to minimize tax payments and what tax advice they give corporate clients, advisers to the banks said. The Financial Services Authority has started to ask for the data as part of bank inspections called Arrow visits, the
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Tax Justice Network: Fear, loathing and a reality check in Jersey. A blog worth reading. John Christensen reviews the response to the Jersey Evening Post’s report on the recent Panorama that featured banking on the island and finds significant support for the TJN position. This is good: So the final word goes to BritAbroad (comment
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This letter was in the Manx Herald. I think it self explanatory. Recently government officials from 24 small nations visited the Isle of Man as part of the Small Countries Financial Management Programme. Senior officials of central banks, finance ministries and regulatory bodies took part in a two-week executive education programme designed and run by
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No surprise there. I was a little surprised to get a mail form them telling me so. They have never mailed me before. I didn’t know they needed their message on this blog, but apparently they do. Weird that the printed media now has so little faith in its own ability to deliver its message
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EU Politics News – theParliament.com. The chair of parliament’s development committee has called for tough action against multinational companies who “seriously harm” poor countries through their use of tax havens. Eva Joly, a former magistrate who has gained a reputation for campaigning against fraud and corruption, made her comments at a debate in Brussels on
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Gordon Brown’s Labour conference speech in full | Politics | guardian.co.uk . On this one Brown hit the right buttons: For there are only two options on tax and spending – and only one of them benefits Britain’s hard-working majority. One is reducing the deficit by cutting front line public services – the conservative approach.
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Gordon Brown’s Labour conference speech in full | Politics | guardian.co.uk . Brown’s got this one horribly wrong: There is now a stronger case than ever that MPs should be elected with the support of more than half their voters – as they would be under the Alternative Voting system. And so I can announce
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Gordon Brown’s Labour conference speech in full | Politics | guardian.co.uk . From Brown’s speech: “And let me say what was once an aspiration – 0.7% of national income spent on international development aid, has become with Labour a promise, and will in future become a law. We will pass legislation that the British government
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Krugman: balanced budget would be “worst thing for future generations” | Left Foot Forward. Left Foot Forward picks up on recent Krugman comments: Last week Left Foot Forward showed how UK business investment was in a state of collapse. The US is suffering the same problem and Nobel prize winner Professor Paul Krugman has written
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