Bloomberg has a story about Harvard, Yale and Stanford universities being investigated by the Senate Finance Committee in the US. All three are, of course,
Read the full article…
Problems with EITI
The Extractive Industries Transparency Initiative is a great idea, in theory. But as I’ve also said for some time there are flaws in it.I highlighted
Read the full article…
It’s true – IFRS 8 will be bad for shareholders
The reason why I have opposed IFRS 8 can be simply stated. Failure to recognise the duty a company owes to the places in which
Read the full article…
Taxgirl
1,400 miles for a tax dodge
As the Daily Telegraph has reported: Tesco is shipping CDs and DVDs to Switzerland and back in order to save customers as little as £1.56
Read the full article…
The CBI – dedicated to offshore, with UK taxes
The CBI has submitted its ideas to the government’s comprehensive spending review. Amongst their whizzo ideas are offshoring UK civil servant’s jobs. And cutting growth
Read the full article…
Hedge fund special purpose vehicles are used to break corporate governnance rules
If you have any doubt just read this about Zurich Financial Services in the FT. As the FT noted: Many mutual funds prohibit rapid turnover
Read the full article…
Progressive taxation makes sense
A question on this blog seems to require more significant treatment than a footnote largely hidden from view. Emily Coltman wrote: If more tax funds
Read the full article…
China
I’m not sure why yet, but this weekend readers in China became the second biggest group of readers of this blog for the first time.
Read the full article…