February 2016 - Emile Woolf writes

Avoiding economic disaster: discovering the principles

Understanding principles is, literally, the only way to avoid a repetition of past follies. At the time of the devastating credit crunch in 2008, the Queen famously asked a gathering of the great and good at the London School of Economics: “If this thing is so big, why did no one see it coming?” Ironically, […]

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Google & tax – some thoughts

Actions arising from short-term expediency can be tempting. They may hide, but can never negate, the underlying principle. Obedience to the law is a principle that applies even when that law itself appears unprincipled. Google, Amazon, Facebook and others have for many years exploited jurisdictional tax-rate differentials to minimise their liabilities. The style of compliance […]

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