In a specially commissioned report, consultancy
McKinsey interviewed 50
financial services chief executives in the New York and found that 40% of the
respondents feared that New York will become a less attractive place to do
business if guidance on Sarbanes-Oxley is not made clearer.
The FT reports that if trends continue, New York would lose seven
percentage points of its market share, a development which would cost 60,000
jobs over the next five years.
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