My del.icio.us bookmarks for April 6th

These are my links for April 6th:

Credit crunch sparks fair value revolt - Accountancy Age - I believe in international reporting standards. But is the IFRS fair value model now shown to be fundamentally flawed? I think it is - precisely because it creates a market feed-back loop that is highly destructive in a down side economy

Labour donor Lord Sainsbury avoids £27m capital gains tax - Telegraph - When the tail wags the dog things always go wrong

Tax Justice Network: Country by Country reporting: briefing paper - Good discussion - worth reading

Tax Justice Network: The Precarious State of Public Finances - Public finances are under coordinated attack - and need to be defended if democracy is to survive

Finance bill adds to tax complexity, says ACCA - Financial Director - Chas Roy-Choudhury of the ACCA does like talking to the right wing, anti-tax web sites. Is that what a representative of a profesiional body should really be doing with his time? Look at tax-news.com to see what I mean