tax avoidance

Banking secrecy over? Not in Ireland

April 3, 2009 General

Richard Murphy says the G20 agreed: We have a commitment to ending banking secrecy. I do think they mean it. We have a commitment to information exchange. Which makes a ZDNet blogger email I received from James Farrar all the more poignant. James runs point on issues around sustainability for SAP under the leadership of [...]

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UBS admits fraud but what about controls?

July 21, 2008 General

Last week, UBS America finally confessed that it had perpetrated a series of tax frauds which affects 19,000 US taxpayers. Richard Murphy questions whether this is the tip of the iceberg. He is right to do so. I was more interested in the controls aspect: “Our compliance system had failures, and misconduct appears to have [...]

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PwC's tax charm offensive continues

June 18, 2008 General

I subscribe to PwC’s tax news alert, more out of curiosity these days, especially as Richard Murphy is doing such a sterling job in keeping tax avoiders honest. This week’s alert deserves special mention: Various factors continue to add to speculation that we will not see a detailed consultation document on foreign profits this summer. [...]

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John Kavanagh in pugnacious form

April 13, 2008 General

I see John Kavanagh is in pugnacious form over the Tesco/Guardian libel match: It seems that we have reached a stage where the rhetoric of journalists, fuelled by their constant pursuit of scandal and inspired by the tendentious writings of self-appointed experts like Richard Murphy, Prem Sikka and their like, has been so successful in [...]

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