Category Added in a WPeMatico Campaign

Tax

J P Morgan knows that we need business to be net zero carbon – including in its supply and customer chains – but the masters of the universe have no idea how to achieve that

I suspect I am not alone in having a copy of the report from two J P Morgan economists on climate change, that J P morgan has denied is their responsibility even though their name is all over it with no disclaimers that I can see attached. It includes comments like this: Most likely, these […]

Tax

Journals, papers and prizes

I admit that I was pleased to be advised that a journal paper I co-authored with Dr Petr Jansky and Prof Atul Shah entitled ‘BEPS Policy Failure—The Case of EU Country-By-Country Reporting’ had been elected as the winner of the Nordic Tax Journal article price 2019. I hope to be in Denmark to present the […]

Tax

There’s no surprise that the Institute of Economic Affairs wants the UK to be a tax haven: it fits with their agenda of destroying fair markets

I could not help but be amused by this juxtaposition in The Times this morning: I presume KPMG did not ask to be associated with this feature from Mark Littlewood of the Institute of Economic Affairs, but as the biggest tax havens operator amongst the Big 4 accountants I doubt they object. Littlewood is spouting […]

Tax

Tackling the housing crisis

I have just noticed that a letter I was a signatory to was published in The Observer yesterday: Tackling the housing crisis Polly Neate is right that “social housing and homes for first-time buyers don’t have to be either/or”.(“Britain has a housing crisis: First Homes is just a comfort blanket”, Comment) They do have to be […]

Tax

We could take action now to deliver climate change accounting

There is a damning indictment of the International Financial Reporting Standards Foundation this morning in the FT. Discussing the need to address climate change reporting, George Serafeim, who is Charles M Williams professor of Company administration at Harvard Company School, said: The environmental and social challenges we face require immediate action. An overhaul of accounting standards, […]

Tax

There is no point in further fiscal rules when the only objective we should have is full employment at low inflation

The financial media is moving into pre-budget comment mode this morning. According to the FT: Rishi Sunak will have to raise taxes, bend his fiscal rules or do both if he wants to meet public expectations of an end to austerity, according to a report by the Resolution Foundation. The think-tank said the chancellor would […]

Tax

Are we all being gaslighted by the government?

Gaslighting is a term that has relatively been recently come into common usage to describe a particular form of behaviour. It can refer to a particular, and pernicious, form of behaviour within the workplace, but it can also be sued within the political sphere. As noted by Theresa Avila recently: The increased popularity of the […]

Tax

The temperature is literally rising but the Financial Reporting Council is not feeling the heat

As the FT reported yesterday afternoon: Companies and their auditors will be more closely scrutinised over how they report the impact of climate change, under a new push by the accounting watchdog to provide investors with greater transparency. The Financial Reporting Council said on Thursday it would undertake “a major review” of the way UK […]

Tax

Patel’s arguments are crazy. Unless you’ve got what Priti Patel has in mind, of course.

I would like to think that most people realise that Priti Patel’s comments, made yesterday, suggesting that British Company replace those people from the EU who will no longer be allowed to work in the UK with either robots or people recruited from amongst the eight million ‘economically inactive’ resident population of the country were, […]

Tax

Fascism: a technique for gaining power

Sean Danaher had a powerful piece on fascism on Progressive Pulse a few days ago. He published it under the title: Fascism as a methodology rather than an ideology As Sean noted, fascism has had an influence on his life: My father attempted to do a PhD in Germany from 1937-39, but it became increasingly […]