Cayman NetNews has published another of its stunning editorials, this time in response to the Christian Aid report.
Please do read it in full: it’s well worth it. So much so I’m tempted to reproduce it in full, but I won’t, restricting myself instead to the part in which they note Cayman’s reaction to the challenge […]
Just watch it!
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This is Christian Aid week in the UK.
Christian Aid launches its annual report linked to that week today. It is called Death and Taxes.
As they say:
The lives of 1,000 young children a day are being lost to disease and poverty in poor countries because of illegal trade-related tax evasion, says a new report from Christian […]
I could have bookmarked Simon Caulkin’s article in the Observer today.
I can’t. It’s too good.
Please read it.
Few people hit the nail on the head as often as he does.
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Aberdeen Asset Management is the latest company to say it might leave the UK, according to the Times.
So, I’ve looked at its accounts. This is the 2007 tax note:
Guess what? Here we have another company threatening to leave the UK that is not only not paying UK tax in 2007, it’s such a seasoned UK […]
WPP has announced that it’s CEO, Martin Sorrell is to have total remuneration of £21 million this year. Of that £18.4 million will be paid in shares for boosting the share price.
What’s the significance? It’s this. Sorrell has been threatening WPP will move to Ireland to exploit its lower tax rates.
Let me explain why. WPP […]
The FT has published an analysis this morning of the trend for companies to relocate their headquarters. Its conclusion is:
A view sometimes aired in government is that large countries such as the UK should be more sanguine about losing the headquarters of big domestic businesses and focus on attracting “real business” into the country, regardless […]
Yesterday I referred to reports of dissent in Turks & Caicos.
We’ve had them previously from Cayman.
We know dissent is widespread in Jersey.
There is concern in Guernsey. I wrote this at local request.
It’s been reported in the BVI.
Is this a trend? I’m not sure I can be that confident, but it’s beginning to look like it. […]
I despair of Gordon Brown. Yesterday he promised to cut corporation tax further, to follow up Alastair Darling’s promise of a corporation tax review the day before. Both have been offered in an attempt to stop UK companies moving abroad. Speaking to the Institute of Directors he said:
Our aim, I tell you, is to reduce […]
According to the FT:
Mervyn King launched an unusually fierce attack on the bonuses paid to City bankers on Tuesday and vowed to use his second term as governor of the Bank of England to curb the excesses he said had helped provoke the credit crisis.
As he put it:
I do think it is rather unattractive that […]
