If you don’t know JITSIC is the Joint International Tax Shelter Information Centre. There has been one of these to date, in Washington. Now it
Read the full article…
Shareholder opposition to IFRS 8 is global
The International Corporate Governance Network has expressed its concern about IFRS 8. It has said in a letter that: IFRS 8 as currently drafted carries
Read the full article…
Falling off the hedge
You can tell there’s a financial crisis coming. The world is so awash with cash that the FT reports that: A hedge fund investing in
Read the full article…
KPMG – missing the point on international fraud
In an age when criminals can digitally flash stolen money and intellectual property across the globe in an instant, corporations are often ill-prepared to investigate
Read the full article…
Jersey – spinning for all it’s worth
Jersey is issuing a press release today on the evidence presented by Senator Frank Walker to the Senate Finance Committee Hearings on ‘Stashing Cash Offshore’
Read the full article…
Why are tax advisers so dumb?
Accountancy Age has reported that: The government has decided to drop the controversial instances of the term ‘HMRC thinks’ from the finance bill. The wording,
Read the full article…
Profit shifting
I am unambiguous about the ethical duty of accountants is to promote tax compliance. This is to ensure that a company pays the right tax
Read the full article…
E & Y claim people aren’t interested in the ‘tax amnesty’
Accountancy Age report that Chris Oates of Ernst & Young has said: The contacts I have across the major accountancy firms indicate that just a
Read the full article…
The EU knows there’s a problem with group accounts
I was sent this: Many companies are organised in group structures. However, intra group transactions and the group’s transactions with related parties often lack transparency
Read the full article…

Buy me a coffee!
