We have often said that the UK is not just an offshore financial centre (and now an IMF study agrees). We’ve also said it’s a
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Domicile abuse is rising
As the Observer notes this morning: The number of people claiming non-domicile tax status has nearly doubled in three years, fuelling fears that Britain is
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You’re guilty of false accounting – now please walk free
Accountancy Age has reported that: A Reykjavik court has found J??n ?Ã…sgeir J??hannesson, the founder and chief executive officer of investment group Baugur, guilty of
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EDM update
The Early Day Motion in the House of Commons criticising IFRS 8 has attracted 23 signatures to date from across the Labour, Conservative, Lib Dem
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‘Tax haven’ tag generates growing unease
I didn’t say that. It’s a headline in this morning’s FT. The article refers to the web site featured here (and subsequently on BBC news
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AABA – a web site to read, time and again
I’m aware that there have been many new readers of this site of late. Site traffic is rising fast. Some may not be familiar with
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Get into STEP
There’s a fascinating article in Cayman NetNews about what makes a reputable offshore financial centre. It’s full of the usual weasel words that these things
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The IASB are baffled
Accountancy Age has reported that: IASB sources have admitted they are baffled by the fierce opposition to IFRS 8, which was consulted on last year.
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Why the havens can’t be trusted to set standards
The ITIO, and the Isle of Man in particular launched an attack on the money laundering and tax management standards of the world’s major economies
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