Deloittes “ludicrous” analysis of “aberrant year”

FT comment on the Deloittes report on tax avoidance:

The report on corporate tax avoidance - prepared by Deloitte, the accounting firm - calculated its £2bn maximum figure by analysing the financial results for last year for 50 of Britain's biggest businesses.

But Richard Murphy, author of a report last year which put avoidance at more than £10bn, said it was "ludicrous" for Deloitte to base its sample on an "aberrant year" of "enormous shocks to the financial system".

That about sums it up.

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3 Responses

Jersey Girrl says:

October 30 2009 at 6:43 pm

Some of your analysis is ludicrous too, so why not admit that such studies have a weak basis – including your own?
nadia69 says:

October 30 2009 at 9:47 pm

Methinks the lady doth protect far too much…
nadia69 says:

October 30 2009 at 9:48 pm

..oops.. previous post – a Freudian slip? Most think not.