“The race to the bottom” is a well known phrase in offshore tax. It is the seemingly inevitable way in which tax havens are used
Read the full article…
The Observer has noted today that: Northern Rock’s accountant PricewaterhouseCoopers is facing accusations of a damaging conflict of interest after it emerged that it earned
Read the full article…
I asked recently why no one was talking about the risks to ordinary people in the UK from the use of ‘special purpose vehicles’ (SPVs)
Read the full article…
The Scotsman has reported that UK cabinet minster Tessa Jowell said at a Labour conference fringe meeting: Over the past 10 years, as part of
Read the full article…
Nicholas Veron of the Bruegel Group was asked to advise the European Parliament on IFRS 8 and the EC’s report on its adoption. This is
Read the full article…
The EU Parliament’s Economic and Monetary Affairs Committee is to consider IFRS 8 on October 3. The resolution they will consider is here. Three things
Read the full article…
PWC has reported that HMRC held a meeting with representatives of up to 100 financial institutions on 25 September 2007 in connection with offshore evasion
Read the full article…
The Guardian has noted that the back tracking on private equity has begun in the Treasury. Gordon Brown said on Wednesday that: Private equity will
Read the full article…