Let\’s give the Murph the job

It\’s a decade since I wrote the first version of country-by-country reporting. Along the way I have been vilified by companies, tax advisers and even tax authorities who have said country by country could not work, would not help tackle tax avoidance, did not provide useful data and should be quietly forgotten.

Now it is going to be at the forefront of the fight on global tax avoidance.

I am still not happy. I do, of course, want the data on public record in the accounts of multinational companies. But that is the next step. Tonight I am happy to have made a contribution to the debate.

Now I wonder who will get the contract to o he technical development; me, or a Big 4 firm?

The Murph would obviously be cheaper. And wouldn\’t it be fun to see the reactions from those tax authorities at the rules he demands? Given his known technical competence…..

22 comments on “Let\’s give the Murph the job

  1. Give the man enough rope and ….!

    Anyway the choice is really difficult. Him or one of the big 4.

    Wow! That’s a difficult one.

    No shortage of self-esteem there. Wish I was like that!

  2. If you have ever read his CbC paper it’s so thin on detail it’s laughable. A first year graduate at my firm would be sent back to have another go if they had produced it.

  3. I’ve been reading reports on the court proceedings brought by Ian Brady. He’s not quite as delusional as Ritchie, but he’s getting there.

  4. And don’t dare anyone tell me I’m an offensive troll. Ritchie is causing damage by convincing the unknowledgable that he has something useful to say; long-lasting damage to a lot of people. Brady merely caused appalling, unspeakable damage to a few.

  5. @ J Ledbetter

    “If you have ever read his CbC paper it’s so thin on detail it’s laughable.”

    Do you have a link please?

  6. Did he invent it by himself ? I thought other posts had pointed out a variety of such proposals that were suggested around the same as his. Would make sense if more than one person identified a gap.

  7. Tim,

    you know I don’t exactly have a high opinion of RM, but don’t you want to give him a little credit sometimes?

    Buffoon or not, tax avoidance and ideas like country level reporting do seem to be ideas whose time has come, or least which are receiving lots of attention, and he has been shouting loudly about them, albeit shrouded in clouds of bullshit.

    He reminds me a bit of Steve Keen, who I think generally is a terrible arse, but to his credit was worrying loudly about levels of private sector debt and saying Minsky’s ideas were important, much before anybody else was.

  8. Buffoon or not, tax avoidance and ideas like country level reporting do seem to be ideas whose time has come

    yes, but he wasn’t the person who first thought of them. And the ways in which he wants to do them are not necessarily the ways in which they will be able to work.

    To paraphrase from someone else: “His idea is both original and viable. Unfortunately the bits that are viable aren’t original and the bits that are original aren’t viable.”

  9. I can’t see tha his proposal will do anything. Murph says each company should declare its “financial performance in each country in which it operates.” Hmmm… so Amazon declares its Irish performance, as that is where its companies operate. But we knew that already….

  10. And who will benefit?

    Not…governments (directly)
    Not…shareholders and all other stakeholders

    Yes…accountants and lawyers. they will have a chargeable field-day.

  11. He’s properly whining like a little bitch about not getting the job though. Brings a tear to your eye – imagine, a man who steals someone else’s idea and trumpets it as his own for a decade while demonstrating immeasurable ineptitude, not being paid to implement it.

  12. “saying Minsky’s ideas were important, much before anybody else was.”

    Except Hyman Minsky, presumably.

  13. Along the way I have been vilified by companies, tax advisers and even tax authorities who have said country by country could not work…

    Let’s wait until it is actually working before claiming victory, eh Ritchie? I have a feeling that this is going to fall apart as soon as those implementing it start dealing with tax authorities outside a handful of Europe countries and N. America.

  14. I thimk youll find it fall apart very quickly when a number of larger countries realise it means less tax for them, not more.

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