property

Google and the G20

The furore over Syria at the G20 meeting has distracted attention from the potentially highly significant agreement by the leaders of the world’s largest economies to support an ‘ambitious and comprehensive’ plan to address the massive global problem of multinational corporations’ failure to pay tax where they earn it, using transfer pricing and other methods to pay lower tax elsewhere or none at all. Continue reading

The Parable of the Islands

Michael Gove, the UK Education Secretary, recently proposed that 5-7-year-olds in British primary schools should be taught about the ‘concept of a nation’. This proposal, along with several others, it seems, is to be dropped. So unfortunately I will not be able to send the following story to Mr Gove for possible inclusion in his new syllabus. But here is an updated version of it anyway.

Many years ago, a sailing ship carrying two-hundred people sank in a storm. Fortunately, no one drowned. The people managed to swim to two different islands, one hundred on one, one hundred on the other. Continue reading

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