The International Accounting Standards Board has issued IFRS 8 today on segment reporting. In their press release they did however add the following comment: The
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Tax minimisation is not ethical
It’s been put to me that tax minimisation is required by professional ethics. I don’t agree. There are two reasons: 1. Firstly, reasonable code of
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Tax compliance
Several people have challenged me about what tax compliance might be in comments in other postings on this blog. So I thought I’d better tackle
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Revealing tax researh from KPMG
Dennis Howlett gets it spot on with this one. Go to his place to read it. If evidence is needed that advisers are out of
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Tax and society
It’s OK to quote Polly Toynbee now. David Cameron does. I’m on side, apparently. So take this from her column in the Guardian today: Yesterday,
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It is high time that the CBI raised its game.
As anyone who has read the UK press in the last couple of days knows, they’ve been issuing their usual bleat in advance of their
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The Tax Gap hurts shareholders
The Wall Street Journal reported yesterday that: Publicly traded companies reduced their U.S. taxable income by at least $34.8 billion in 2004 through potentially abusive
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Accountants DO encourage tax abuse
Stuart Jones posted a comment on my piece called ‘Do small businesses evade tax?’. He said: I’m sorry Richard but there are limits: ” ‚Ķ‚Ķthe
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Murphy v Walker – coming to a venue in Jersey
On yesterday’s Sunday Talkback show on BBC Radio Jersey Senator Frank Walker, the First Minister of the island (equivalent to prime minister was asked if
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