According to Accountancy Age Arther Levitt, former head of the SEC in the States has said opaque accounting is putting US pension funds at risk.
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Jersey running scared that it might not be EU Tax Code compliant
I’m grateful to friends in Jersey for sending me a letter sent to all members of the States of Jersey on Monday by Terry Le
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Migrant workers – and domicile
I am profoundly annoyed about the debate on migrant workers. I’m well aware that migration can cause problems. I live in the area with the
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Warren Buffet asks why he pays less tax than his cleaner
The Guardian has reported that Warren Buffett, the United States’ second-richest man, has again complained that he pays a lower rate of tax than any
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Are accountants accountable?
Prem Sikka asks this question on the Guardian blog today. He illustrates his argument with a powerful analogy: Imagine visiting a dentist for some surgery.
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What’s the rate of return on losing $8 billion?
CNN Money has reported that Stanley O’Neal, who left Merrill Lynch as CEO today has left with a package of up to $160 million. The
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Isle of Man – making wholly unsubstantiated claims
The FT has reported that the Isle of Man has concluded Tax Information Exchange Agreements (TIEAs) with the Nordic countries to follow on from those
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Getting it wrong on IFRS / GAAP convergence
Dennis Howlett has written a good blog on this issue. I won’t quote at length. I’ll just suggest you go and have a read. It’s
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Mad tax idea of the year
I know Nicholas Sarkozy has proposed it and now it is catching on: the latest craze is tax-free overtime. Malta is the latest mimic. As
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