The New York Times says tonight on the Standard Chartered story: Not all critics of British banking, however, are holding their fire. Richard Murphy, a
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The Google 2011 accounts reveal that the company generated 11% of its sales in the UK (page 31). That’s near enough $4,170 billion in that
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The BBC have a good article under the above title, here. The discussion is on the Tax Justice Network report – the Price of Offshore Revisited.
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Associated Press have reported: The Cayman Islands is scrapping a plan to impose a direct income tax on thousands of expatriates working in the British
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When Jersey first planned to move to a zero percent corporation tax system, with funds lost being replaced by a sales tax equivalent to VAT I predicted
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There’s much debate this morning on whether US regulators are deliberately targeting UK banks. Much of that debate is jingoistic. John Mann, a Labour MP has said
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I’ve been analysing some HMRC data this afternoon. The data in question is available here and shows the shares of total income (before and after tax) for percentile
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“American inequality didn’t just happen. It was created.” Joseph Stiglitz in The Price of Inequality (p28) Which is an important point: never presume that the current inequality in the
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This comes from the New York State Department report on Standard Chartered Bank (SCB): SCB intentionally withheld material information from New York and Federal regulators in
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