The ICAEW and CIOT have called for a review of UK taxation to make our system more attractive to multinationals (see previous blog). But then
Read the full article…
Are the CIOT / ICAEW really asking for the UK to copy Ireland?
The ICAEW and CIOT have jointly written to the Treasury asking that the current review on the future of UK corporation tax be expanded. I
Read the full article…
Equitable Life: what it mean for offshore
The Parliamentary Ombudsman (Ann Abraham) has found that: The U.K. should compensate Equitable Life Assurance Society policyholders who lost out when the insurer almost collapsed
Read the full article…
UBS: their business model was illegal
This report is typical of many tonight: UBS admitted it broke U.S. law in setting up sham offshore tax shelters for wealthy Americans and agreed
Read the full article…
OFCs are out: bring back the term tax havens
The FT has reported that: The distinction between “offshore” and “onshore” financial centres has been dropped by the International Monetary Fund, in a victory for
Read the full article…
UK Treasury Select Committee must listen to the US Senate
The Senate Permanent sub-Committee on Investigations issued a press release yesterday saying (no link yet): At a Thursday hearing entitled, Tax Haven Banks and U.S.
Read the full article…
CDC: Depressing, isn’t it?
I listened to the Radio Four programme on the Commonwealth Development Corporation (CDC) yesterday, and was depressed. It’s depressing that CDC and its investment managers
Read the full article…
Give us inflation
Mervyn King has apparently admitted in the introduction to the Bank of England’s annual report that the Monetary Policy Committee can have little impact on
Read the full article…
Ireland is at the heart of the credit crunch, and no one is saying so
Jim Stewart from Trinity, Dublin gave a fantastic paper at the TJN conference a week or so back showing that Dublin’s International Financial Services Centre
Read the full article…

Buy me a coffee!
