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France’s ex-budget minister found guilty of tax fraud, money laundering

France’s ex-budget minister found guilty of tax fraud, money laundering
Former French Budget Minister Jérôme Cahuzac on Tuesday was found guilty on charges of tax fraud and money laundering. A Paris Court of Appeals sentenced Cahuzac, who served under former President François Hollande, to four years in prison, two of which are ...

Could the big four accountancy firms be broken up and what would happen if they were?

Could the big four accountancy firms be broken up and what would happen if they were?
Pwc, Deloitte, KPMG and EY sign off the accounts of 97% of the UK's 350 largest listed companies.MPs have said the stranglehold of the big four accountancy firms on the audit market needs to be broken.  Business and Work and Pensions ...

Xiaomi eyes a giant Chinese IPO

Xiaomi eyes a giant Chinese IPO
The world’s fourth-largest smartphone-maker may achieve an $80bn valuation.IN CHINA no company achieved $1bn in annual revenue as quickly as Xiaomi did, in the year following the launch of its first smartphone in 2011. Chinese media initially nicknamed Xiaomi ...

McDonald’s new menu: less transparency, more tax havens

McDonald’s new menu: less transparency, more tax havens
Press Release – 14th May 2018 Embargoed until Monday 14th May at midday (May 14, 2018) Today we release a new report on McDonald’s tax practices, focusing on the company’s use of tax avoidance mechanisms in Europe and low-tax and secrecy jurisdictions around...

Japan's economy shrinks for first time in two years

Japan's economy shrinks for first time in two years
Japan's economy shrank in the first quarter of 2018 for the first time in two years, ending the longest stretch of economic growth since the 1980s. The world's third biggest economy contracted at an annualised rate of 0.6%, official data showed. Expectations...

Who's behind the blog

Who's behind the blog

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