The government’s ‘tough’ action on overseas tax dodging isn’t all it seems
The Tories are forcing overseas territories to publish who really owns companies. A welcome step – but it will do little on its own, writes accounting expert Prem Sikka.
The Tories are forcing overseas territories to publish who really owns companies. A welcome step – but it will do little on its own, writes accounting expert Prem Sikka.
A trolley-load of questions must be asked about the proposed deal, writes accounting expert Prem Sikka.
Refusing to investigate a major Tory donor is just one sign of the need for reform at the UK’s tax body.
Limited liability for shareholders has conferred unlimited liability on people. It’s time corporations were democratised.
Complex tax dodging schemes by the ‘Big Four’ are constantly being thrown out by the courts. But why is nothing done to penalise them?
Shareholders wield far too much power over our economy. The hostile takeover of GKN shows it’s time workers were at the table.
The government’s latest green paper tries to give the impression of a strong response to a tide of corporate abuse – don’t hold your breath.
The failed company’s liquidators – who already took £21m for advising the firm – could take hundreds of millions in fees.
Professor of accounting Prem Sikka untangles the maze of company structures that have allowed the business to avoid tax for years.
It’s time for the EU to deal with the fallout of the Paradise Papers – and take on the tax havens in its own back yard.