saw news of a new European Union directive to come into power on 1 July forcing non-EU e-commerce companies to impose EU tax on all digital sales, making such products more expensive for people to buy.
It was also announced that Richard Broadbent, who is set to leave HM Customs & Excise for a job at Land Securities, has been honoured in the Queen’s birthday list.
And administrators revealed that more than 25,000 people have visited the website that will be used to auction off the assets of failed Formula One team Arrows.
Thursday, Accountancy Age broke the story that in a move likely to open deep divisions in the UK accountancy industry: the biggest mid-tier firms have written to the ICAEW claiming a cap on auditors’ liability would be a ‘second-class’ policy.
And finally, the ACCA was on the brink of ending its two-year search for a chief executive officer, a move that would allow current CEO Anthea Rose to start her postponed retirement
Friday, a new study commissioned by the Department of Trade and Industry in the wake of the Higgs report on non-executive directors found that boardrooms lack diversity because companies appoint directors from a narrow pool of talent.
And the board of PeopleSoft recommended that the company’s shareholders reject the latest takeover bid from Oracle of $19.50 per share, saying the deal would not be in their best interests.
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