Bono is back in the news. He’s been at Davos telling the great and good what to do, but Bloomberg’s have decided to draw attention
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Accounting for tax
In the USA the Federal Accounting Standards Board has ruled that its publication FIN48 will apply to all accounts beginning after 15 December 2006. That’s
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Offshore killing the music businesss
HMV, the music store chain, announced losses of £31.6 million for their first half year last week. They blamed just about everyone but themselves for
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Pre-Budget blues
I have to admit I found the pre-Budget Report depressing. It’s not, and should not be, a big tax event. That’s the role of the
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41% of all UK tax legislation tackles tax avoidance
The most common complaint heard from tax practitioners is about the volume of legislation that they face. New research by the Tax Justice Network, UK
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I’m rich: I’ll pay income tax at 0.14%
The Sunday Times has published a report which they have apparently prepared with Grant Thornton, chartered accountants, on the abuse of the UK’s tax laws
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We want a General Anti Avoidance Rule!
I’m always pleased to find common ground with people. On page 16 of this weeks Accountancy Age Richard Mannion, national tax director of Smith and
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Tax compliance
Several people have challenged me about what tax compliance might be in comments in other postings on this blog. So I thought I’d better tackle
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