Henry Paulson, the chairman of investment bank Goldman Sachs, has been
nominated as the US treasury secretary to replace from John Snow, who is
resigning after three years in the job.
Paulson has been chairman and chief executive of Goldman Sachs since May
1999, when the bank went public, and has worked at the banks since the 1970s.
Referring to him as Hank, president Bush described the American economy as
‘powerful, productive and prosperous’ and said he looked forward to working with
Paulson to ‘keep it that way’.
Bush has had a hard time keeping treasury secretaries after Snow’s
predecessor Paul O’Neill, the former boss of aluminium maker Alcoa, spent only
eighteen months in the job before resigning at the end of 2002.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed