Scams such as company theft, money laundering and VAT ‘carousels’ are costing
Scotland £1bn a year, while the total cost of fraud in the UK is estimated at
£14bn, according KPMG.
The firm’s latest Fraud Barometer revealed cases worth £18m were pursued
through the Scottish courts last year, but that this was just a small proportion
of the fraud that has not been prosecuted by the legal system, The
Across the UK, the KPMG barometer revealed that there was more than £900m
worth of fraud in 2005, with 222 cases reaching court compared with 174 in 2004.
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