Tax experts, gird your loins

The Fair Tax Mark desires aid in creating the standards that would apply to international corporations.

“Obeys the law” would be a nice one to see but that would be a pretty short standard.

We have several people around here who actually know this stuff rather than just write about it like me. So, perhaps I could persuade a few to go here and here and contribute to their standard setting?

Be constructive, of course, and a submission from Mr. Murphy Richards would be especially welcomed I am sure.

40 thoughts on “Tax experts, gird your loins”

  1. With respect Tim the UK has a few more pressing problems at present than the ravings of a fat mouthy marx-sucking cunt from Ely.

    Could you cast your net a bit wider?

    Some thoughts about what will remain of UK econ if this local LD shite spreads or the likely result on US/UK econ if govts try to use ord winter flu as second wave and try LD 2. I don’t know that Trump CAN–within US law- stop all this Demorat guvs and Mare’s antics. And I am sure Blojo is dumb enuf and has so little grasp on reality that he might think moneyprinting could cover such foolery.

    Your thoughts as amn economics “expert” would be more welcome than endless reports on the next no-account set of mouthings from Fatso.

  2. Give over Xy, OK?

    This is my blog. Where I mumble about what I want to mumble about. The big issues, the important stuff, that’s the day job. I write about that in other places for my living. This particular comment being in a little break from screaming at Joe Biden about how evil abolishing the disability exemption from the minimum wage is.

    Th entire point of here is the trivia that I find interesting…..

  3. I would Tim but in all honesty, this will be on a par withall public consultations. They’ve decided what they are going to do already. They’ll ‘listen’ to all views then plough on regardless.

    I tried to read their pamphlet but was losing the will to live.

  4. I had a Murphy-Richards kettle once – it was a crap design, took ages to boil and soon broke down. Perhaps they are related?

  5. Dennis, Proven Correct In Most Things Most of the Time

    Could you cast your net a bit wider?

    Why would Timmy do that, Ecks? Your comment to anything he posts is invariably a variation on “Kill the Marxist shite scum”. It’s not like you ever actually add anything (like facts) beyond “Kill ’em” to any conversation. If you find yourself thinking Timmy’s verging on monomania, I’s suggest you go back and re-read your last 50 comments here… Now that’s monomania.

  6. Dennis, Odin's Tax Collector

    The Fair Tax Mark desires aid in creating the standards that would apply to international corporations.

    The only real facts worth noting either here or at the FTM site is this: FTM has no jurisdiction, and it has no jurisdiction because it is representative of nobody and nothing. Tax law is the business of the nation-state, not a bunch of self-appointed crusaders. However effective or defective any particular nation-state is in taxing corporate profits isn’t the issue. The issue is that the nation-state is the proper entity to be passing tax law and setting standards.

  7. Dennis, Pointing Out The Obvious

    To be fair “Kill the Marxist shite scum” is a pretty sound policy.

    Perhaps… But not the way Ecks would do it.

  8. A quick skim indicates that this is Ritchie cutting and pasting his previous work (public CBCR and tax strategy, commitment not to use tax havens, etc) plus a demand for companies to give money to ‘civil society’ and we all know what that means.

    Move on, nothing to see.

  9. Tax law is the business of the nation-state, not a bunch of self-appointed crusaders.

    The “Fair Tax Mark” is just (a wannabe) something akin to the “Good Garage Scheme”. Nothing to do with law, just companies voluntary signing up to some standards set by another company, for some real or imagined benefit. Sadly for FTM (and Tuber’s retirement funds), they don’t have the same persuasive commercial clout as the oil patch.

    https://fairtaxmark.net/

    https://www.goodgaragescheme.com/

  10. Odin did not set taxes, let alone collect them. He collected those slain valiantly in battle – having a weapon in one’s hand was a necessary requirement – and then took them to Valhalla to alternate between fighting and feasting forever.
    However you are correct in saying that the nation state sets tax rules for all corporations that operate in its jurisdiction (note for Trump and Joe Biden – your jurisdiction is limited to the USA plus, for some things, Puerto Rico and Guantanamo Bay). Such rules may include taxing the world-wide profits of companies domiciled within that jurisdiction. Nation states have no need of Murphy’s help and his own country, Eire, has spent the odd €million demonstrating that it does not want it.

  11. It’s going to be amusing as they can’t possibly draft any international standards in terms of inter-group trading/transfer pricing which the likes of their sworn enemies eg starbucks couldn’t meet.

  12. Dennis, Odin's Tax Collector

    Odin did not set taxes, let alone collect them.

    Most mythology, including Norse mythology, tends to skip over the administrative tedium of keeping something like a great hall in good repair and keeping said great hall’s pantry fully stocked with meat, meat by-products and alcoholic beverages. Then there are cooks and janitorial staff who need paid. Joints of beef don’t cook themselves, you know. Someone has to clean up after the fights, you know.

    Just because there aren’t stanzas devoted to heroic levels of finance and administration doesn’t mean they didn’t happen.

  13. As gods, the Aesir could just command things to happen and they did – such as the pigs regenerating after they had been roasted and eaten. Basic recycling – when you wake up each morning you just go back to where you were when you woke up the previous day but add in all those slain in battle since then.
    The Aesir didn’t have accountants and the ancestor of the first Actuary told some berserker his life expectancy as “one week plus or minus six days”

  14. That’s interesting PJF. There’s more than a dozen Goodgaragers within 20 miles of Ely alone. That’s about half the nationwide membership of the FTM, isn’t it? Shows what you can do when you know what you’re doing.

  15. Dennis, CPA to the Gods

    As gods, the Aesir could just command things to happen and they did – such as the pigs regenerating after they had been roasted and eaten.

    So they were serving leftovers? I don’t think so. The whole pig regeneration thingy is what you say when you’re trying to get on with your myth without including a description of the staff washing dishes. Remember, these myths were designed to be told to large, heavily armed men… Large, heavily armed men who were both impatient and for the most part suffering from poor impulse control. Poetic license and a strong survival instinct leads the poet to come up with regenerating pigs rather than five stanzas about charwomen hosing blood off the banisters.

  16. Good grief, Dennis. Not only am I increasingly convinced that you are what my wog friends and relatives would and do call, ‘proper English’, but I’m almost warming to you.

    A quietly witty Septic bean-counter? Hoodavthunkit?

  17. @Mr Ecks July 16, 2020 at 9:39 am
    Have you noticed some of your and others’ posts are being censored and removed. At least one of yours yesterday

    @TW

    Joe Biden about how evil abolishing the disability exemption from the minimum wage is

    It’s evil (and discriminatory) here too, but Conservative MPs are rebuked if they say so

    @Dennis
    Is Ecksian killing Marxists, Stalinists etc method insufficiently brutal?

  18. I’m reminded that the Ohio River is a headwater of the Mississippi. Wasn’t their a humorous novelist associated with the latter waterway?

  19. “Is Ecksian killing Marxists, Stalinists etc method insufficiently brutal?”

    I believe you really need to get the Devil back out of his Kitchen, for that sort of thing. Slowly feeding socialists feet first into the propeller of a revving Cesna was the least of his suggestions.

  20. Bloke in North Dorset

    OT

    This is PHE, a public body that we are told is world leading:

    https://www.cebm.net/covid-19/why-no-one-can-ever-recover-from-covid-19-in-england-a-statistical-anomaly/

    “ One reason for this due is a statistical flaw in the way that PHE compiles ‘out of hospital’ deaths data, rather than any genuine difference between the regions of the UK:

    “Linking data on confirmed positive cases (identified through testing by NHS and PHE laboratories and commercial partners) to the NHS Demographic Batch Service: when a patient dies, the NHS central register of patients is notified (this is not limited to deaths in hospitals). The list of all lab-confirmed cases is checked against the NHS central register each day, to check if any of the patients have died.”

    Here, it seems that PHE regularly looks for people on the NHS database who have ever tested positive, and simply checks to see if they are still alive or not. PHE does not appear to consider how long ago the COVID test result was, nor whether the person has been successfully treated in hospital and discharged to the community. Anyone who has tested COVID positive but subsequently died at a later date of any cause will be included on the PHE COVID death figures.

    By this PHE definition, no one with COVID in England is allowed to ever recover from their illness. A patient who has tested positive, but successfully treated and discharged from hospital, will still be counted as a COVID death even if they had a heart attack or were run over by a bus three months later.”

    They can’t do their day job because they’re spending all their time micromanaging our lives and telling us that we aren’t grownup up enough to figure out what’s best for us to eat and drink.

    There won’t be enough lampposts when the final reckoning comes for the way the epidemic has been mismanaged, and I’m inclined to be forgiving of mistakes as long as they were made in good faith with the information available, even if it turned out to be a bad decision.

  21. There’s only so much pompous crap that I can read without a good break or a bad quantity of drink.
    So at this juncture I shall merely say that Country-by-Country reporting for all significant countries/regions was mandatory before Murphy started work, that every country is able to demand all the information it wants from every company operating within its jurisdiction and that his idea that corporations will attempt to reduce their tax obligation by putting cost centres that generate no revenue in low-tax jurisdictions rather thah high-tax ones is ludicrous.

  22. So Much For Subtlety

    Just in passing, can I say how much I like that a discussion of Ritchie’s bollocks ends up with a discussion of catering in Norse mythology via grinding leftists into meat patties with a Cesna.

  23. Off topic but I despair.

    A memorial to the Dambusters has been replaced because it mentioned Guy Gibson’s dog by name.

    If this means nothing to our American friends, the Dambuster raid was the daring and brilliant WWII RAF raid which destroyed several German dams. Guy Gibson lead the raid. He later died at the absurdly young age of IIRC 26, shot down having achieved more in his short life than most could if they had three lives.

    Nearly half the planes which took part in the raid were shot down. Around 70 young men died.

    Guy Gibson’s dog was a squadron mascot. He was run over and killed shortly before the raid, a fact kept secret as it was feared it would unnerve the RAF crews about to fly the mission.

    The dog was black. Gibson called him Nigger. It was 1943.

  24. ” Poetic license and a strong survival instinct leads the poet to come up with regenerating pigs rather than five stanzas about charwomen hosing blood off the banisters.”
    Homer wrote (recited) about large men with poor impulse control *and* about charwomen hosing blood off the banisters.

  25. Dennis–Your qualifications for rationality apparently don’t exclude your psychic divination about my ideas for dealing with Marxism. Norse mytho -so maybe you ARE a psychic. Would be most interested to hear your hyper-rational ideas on escaping our present messy Marx-larded situation.

    Pcar–I don’t keep track of my posts so I don’t know. Tim would be the only one able to do that unless superhackus are attackus.

    Have you been removing/ censoring any posts Tim? Have my complaints re the Ely Entrail incensed you enough to seek retaliation?

  26. I’ve not been removing commnets, no. No more than the usual deletion of spam at least and no, that doesn’t include you.

  27. @AndrewC
    If it’s the Torygraph article you refer to, they manage to get through it without actually mentioning the name of the dog. Leaving the unaware possibly thinking the substitute name rhymes with Digger, a racial insult to Australians.

    An uncle was one of the pilots on the raid. Very unassuming man. He never spoke of it and I never asked. Saw a lot of his handiwork, though. He filled the Foret de Nieppe full of craters trying to hit V1 launch site.

  28. @BiS

    That’s quite a link to history. There were 19 Lancasters for the attack, 8 didn’t return.

    I was wrong in my recollection of the number who died. Turns out it was 53 of the 133 aircrew who took part. A casualty rate of 40% for one mission.

  29. Interesting, isn’t it – this not speaking of such things. I had a great uncle who was in SoE. Exactly the same. Shame really, would’ve been interesting to hear of it.

  30. “The dog was black. Gibson called him Nigger. It was 1943.”

    I once ‘couriered’ a black Labrador of that name from Detmold to Rheindahlen as a favour for a Flight Lieutenant. This was 1976.

  31. As a child at junior school in the 60s one of our teachers had fought the Japs in the jungle in WW2. I asked him if he’d killed any of them but again he wouldn’t speak of it.

    On the other hand I used to know a bloke who had fought in the Falklands and he told how he’d had to work hard to dissuade one of his comrades from cutting a dead Argentinian’s head off as a take home souvenir. Right continent for head hunting I suppose. The mad bastard was only convinced the idea was no good when he accepted that the rotting head would stink in his pack and he would be punished for not keeping his kit in order.

  32. Bloke in North Dorset

    My father was in the Fleet Air Arm in the Far East. The only thing he would talk about was the state of the PoWs who were brought on board for the trip home and how he saw some of the hardest men he knew in tears as they helped them. He had a visceral hatred of the the Japanese until his dying day to the point he made it clear we would be disowned he we married a Japanese woman. Any other race race or colour would have been with his blessing.

  33. In high school in SA, one of the Deputy Headmaster’s was a Mr. Thomas aka the guv’nor or Guv Thomas. I found out a couple of years ago at a reunion that Mr. Thomas was a former SAAF pilot that had been shot down and was a POW at Colditz Castle. As schoolboys, we had no idea.

  34. I had three great-uncles in WWI but I only knew one of them (one died before I was born, one fell out with the family so I only met him, briefly, at his brother’s funeral) and he never spoke to me about it. [He and his brother were both badly wounded on the Western Front, invalided back to England and went back to fight, although his elder brother switched to the RFC. He got one medal, which has disappeared and two “Mentioned in Despatches” which my mother framed and are now in my study].

  35. @BIND July 16, 2020 at 8:58 pm
    It’s beyond absurd

    PHE: February 2032 – 1,496 died from Covid-19 last month after cruise ship sank; new lockdown necessary to Save NHS

    @Andrew C July 17, 2020 at 5:22 am
    Sickening. RAF are meant to protect UK, not surrender to marxist traitors

    Memorial to Gibson’s dog falls to BLM

    History
    ‘Don’t wallpaper over past’ says former England footballer Luther Blissett

    @Mr Ecks July 17, 2020 at 7:33 am
    Nice lawyerly denial from TW ‘usual deletion of spam’ and no mention of Richard monkey

    @many
    Sadly no tales of WWII heroes here. My grandfathers & their brothers were all in ‘essential trades’ – all volunteered, but told go back to work

    Grandfathers: one owned food production business, other built aircraft at Short Bros. My father was born in 1933 and mother in 1940, both were first child

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