A recent article on the New York Times about the political costs that Google is facing due to its market dominance, and their strategy to reduce those costs, caught my interest: Google has begun this public-relations offensive because it is in the midst of a treacherous rite of passage for powerful technology companies — regulatorsContinue reading “Political risk for market dominance”
Tag Archives: politics
IASB and FASB can’t get on same page
The international and US accounting standards bodies are both adjusting their mark-to-market rules in favour of politicians and bankers. FASB did it last month. IASB is working on it as quickly as they can. And yet, the two cannot agree on just how far they should bend over backward for the special interests. After pressureContinue reading “IASB and FASB can’t get on same page”
Ten principles of sound tax policy
The Tax Foundation’s Ten principles of sound tax policy are a must-read for those influencing tax policy. I think the list can be further refined down to about half that, but maybe they wanted to get an even ten. For instance, maintaining the neutrality of the system (#2) will result in broad bases (#3). It’sContinue reading “Ten principles of sound tax policy”
Experts weigh in on interest deductibility issue
The Globe and Mail, a Canadian daily, has a feature on their website today where three tax experts from Couzin Taylor LLP and Ernst & Young LLP answer questions from readers about the interest deductibility “feature” of the Federal government’s budget. I’ve blogged about this complicated topic a couple of times now but never reallyContinue reading “Experts weigh in on interest deductibility issue”
An alternative view of Khodorkovsky and Yukos
At least one person is defending Putin’s actions against Yukos and its former president, Mikhail Khodorkovsky, but it was this that caught my eye (emphasis mine): Russian oligarchs were taking control of the entire Russian economy. These people had a strangle hold on every aspect of Russia and were basically out of reach of theContinue reading “An alternative view of Khodorkovsky and Yukos”