Link Higgs special report
In doing so, Nicholson looks set to bow to boardroom pressures over the proposals put forward by the former investment banker, Derek Higgs. A number of accountants as well as business leaders say the report is too inflexible.
‘We are looking at what are best left as “comply or explain” provisions and what is better as guidance,’ the Financial Times reported Nicholson as saying. ‘It is not a dilution of the Higgs report but a proper response to the process of consultation in which good points were made.’
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