In response to the FSA?s published judgement of the Shell fiasco, Sir Philip?s lawyers, Herbert Smith, said in a letter to the FSA: ‘Our client believed that bookings were made in accordance with Shell guidelines in effect at the time and were reviewed by Shell’s internal and external auditors.
KPMG, Shell’s external auditors, declined to comment.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements