Closing the Havens

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Published at: www.ft.com

HMRC's Island Haven

August 26, 2009

Analysis by: GLG Expert Contributor

HMRC scored something of an embarrassing own goal, when it signed up with Mapeley.

Nitish GroverPrincipal, OwnerNitish Grover and Associates

Tax Fudges and Financial Reporting - The Paradigm - Accounting Standards Context

August 25, 2009

Tax havens have represented security against political repression for long. They have also with the evolution of  tax laws become a pain for Governments. This is especially with the growth of acceptability of  the right of the State to levy taxes. The recent developments with Tax Haven authorities agreeing to divulge confidential information raises questions for the accounting profession. In  this analysis I look at issues that these developments raise for the accounting and auditing profession.