This is a TUC press release referring to a new report by my friend and sometimes co-author Howard Reed, out today, so I reproduce it pretty
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A tale of two Londons – Nick Shaxson’s new Vanity Fair article
Nick Shaxson’s Vanity Fair articles have impact. One broke the story of Mitt Romney’s offshore tax affairs. And, of course, he wrote Treasure Islands. He’s also a Tax Justice
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How come we outsourced accounting, company law and auditing regulation to the Big 4 so they could rig the system in favour of bankers’ bonuses?
The Telegraph has noted: PIRC has calculated the amount of bad debts the banks may have to write off in coming years but have yet to subtract
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1,000,000 more people will be below the breadline because of austerity by 2015
The non-domicile problem is still big, and HMRC say it isn’t going away
Two very contrasting views on the non-domicile rule have hit the press today. Accountancy Age have reported a press release from tax lawyers Pinsent Mason saying:
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The Lords say the OECD’s international tax review is overdue and urgent
In the Lords report on the General Anti-Abuse Rule, out this morning, they note that the GAAR will have only limited impact on international tax planning
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The Lords say the General Anti-Abuse Rule’s a step in the right direction – clearly expecting more in time
It took a long time, a lot of lobbying and some luck to get a general anti-avoidance rule (or General Anti-Abuse Rule as it now is) onto
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Modern Monetary Theory means we need never tolerate unemployment
It took me a little while to realise I am what is now called a Modern Money Theorist. There’s a good summary of this thinking here of which, perhaps,
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Financial Times finds evidence of huge flight of rich after French tax hikes (or does it?)
The FT’s suggested the rich are rushing to leave France in an article entitled “Top executives join France exodus.” It focuses quite heavily (though not
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