June 7th, 2011
‘We don’t care how much tax we pay, as long as you tell us how much it is, let us pay it and leave us alone’
Perhaps not what you might expect to hear from the head of tax from a major global bank. But as the most influential tax professionals from across America gathered in DC to discuss the latest developments in business taxation with the OECD, simplicity and certainty was the resounding call from business.
The OECD is looking for its place in the world, and it’s pretty clear that this “rich countries’ club” is not as dominant as...
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June 7th, 2011
Bill Gates likes to be thought of as a great philanthropist. He’s referred to as such, so I guess he’s happy about it. And
in some senses he is.
But remember he gets tax relief as a result.
Remember something else too: the value of Microsoft has undoubtedly
been inflated by its tax planning. Low taxes equals higher value is a golden rule of the stock market: it’s the motive for tax avoidance.
So ask a question: how much of Gates’ philanthropy has been paid for by the US Exchequer? Quite a lot, I suspect. It’s still philanthropy, but not quite as it first...
June 7th, 2011
Economy takes top place among Egypt's concerns
The National, June 7, 2011
CBDT committee on black money meets this week
Business Standard, June 7, 2011
US calls for global rules on derivatives
Wall Street Journal, June 7, 2011
Swiss banks cast their eyes East
The Economic Times, June 7, 2011
'Shell' operation shuts after crime links exposed
Stuff, June 7, 2011
Nigeria: 'UK to Enforce Bribery Act On Local Firms'
allAfrica.com, June 5, 2011
June 6th, 2011
The Task Force is seeking an experienced journalist to promote its issues and expertise in the area of financial transparency in the US/North America media market as a primary focus and in Central and South America as a secondary focus. This position will be based in Washington, DC.
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