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

My del.icio.us bookmarks for April 5th

These are my links for April 5th:

The Norway Post : - We must stop stealing from the worldâ??s poor - Norway flies the flag for tax justice

My del.icio.us bookmarks for March 28th

These are my links for March 28th:

Offshore Financial Centers: Myth And Reality - Forbes.com - This lot is a work of fiction

FT.com / In depth - Four-year low for M & A - Excellent news for real business. These things have not been proven to add value to anyone bar the advisers

Seumas Milne: Religion is now a potential ally of radical social change Comment is free The Guardian - I am convinced this is true

Nicholas Bate: Five Potential Productivity Fallacies - Off topic, but good. Hat tip to Dennis Howlett

My del.icio.us bookmarks for March 27th

These are my links for March 27th:

FT.com / In depth - Report links KPMG to fraud at New Century - Another hole for KPMG to dig themselves out of

My del.icio.us bookmarks for March 26th

These are my links for March 26th:

FT.com / Columnists / John Kay - More regulation will not prevent next crisis - Amazing - the banker’s apologists are still arguing that there’s no place for regulation in the face of their abuse

FT.com Willem Buiter�s Maverecon Moral hazard, here we come! - Bera Stearn bail out just replicates all the problems that gave rise to it

3i turns its back on investment in start-ups Business The Guardian - Looks like we’re back to the days when venture capital was called Slater Walker.

Accountants urge non-doms to splash out - Accountancy Age - It’s very hard to credit that people are this stupid. But apparently they are.

Fund group moves base from UK to Dublin - Accountancy Age - I trained with Gareth Pearce, Chairman of Smith & Williamson. I recall him being a bit of a lefty in those days. Times change. People change. Not always for the better.

Fears over stamp duty crackdown - Accountancy Age - What’s the fear? Only that people might have to pay the tax that the law asks of them. What is so frightening about that?

My del.icio.us bookmarks for March 25th

These are my links for March 25th:

Brown’s £20bn business boost plan flawed says NAO - Accountancy Age - That’s because admin is not causing the burden that it’s blamed for by those who can’t make money

My del.icio.us bookmarks for March 24th

These are my links for March 24th:

FT.com / World - UK colleges snub short business degrees - Quite right too. These aren’t degrees. This is not the purpose of an education.

My del.icio.us bookmarks for March 23rd

These are my links for March 23rd:

Fall in tax payments sends warning to Darling - Times Online - In a downside the governmemt has to break the rules - so let’s stop pretending things are as they were in 2005

Leader: Timid Brown must catch up with reality Comment is free The Observer - Keeping fingers crossed for a soft landing is questionable policy; as ideology, it is bankrupt.

William Keegan: After excess comes fear - and then socialism, at least for the bankers Business The Observer - T The game is up. It is not the end of capitalism; but a particular form of financial capitalism is going outside and may be some time.

Simon Caulkin: Capitalism’s too important to be left to capitalists Business The Observer - If bad rules got us into this mess, better ones - which go with rather than against the grain of humanity, community and the physical realities of the planet - can get us out again.

Will Hutton: If the City won’t put its house in order, politicians must Comment is free The Observer - Today’s lack of political criticism cannot last much longer - there is too much popular and even business demand for change. For the party capable of breaking the deadlock, the payback will be huge.

Outside View: The end of capitalism as we know it? - Business Comment, Business - Independent.co.uk - Yes, is the answer

FT.com / Home UK / UK - Case for investment bonds for higher-rate taxpayers - Th article disguises the real issue - that the 5% withdrawals are not taxable - so are not deemed remittances by the non-doms seeking to have less than £2,000 of offshore income. Close the loophole, now!

My del.icio.us bookmarks for March 21st

These are my links for March 21st:

• Comment is free: Money from thin air - James Robertson argues the case, convincingly