Bond House: Uncertainty still lies ahead

Article Abstract:

The European Court of Justice (ECJ) declared unlawful arguments relied on by Revenue & Customs to stop pounds sterling 13m of tax from hi-tech broker Bond House in July 2002, and which was used by the Revenue as a precedent for over 100 other cases involving in excess of pound sterling 750m. The Revenue had argued that since July 2002 that the entitlement of a trader to a VAT credit is judged by reference to the total transactions in a supply chain, not individual transactions themselves.

Value-added tax, European Court of Justice, Canada. Customs and Revenue Agency

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Secret service

Article Abstract:

Businesses cannot afford to ignore Spam emails were observed in the case of Bernuth Lines Ltd versus High Seas Shipping Ltd. Even though 70 percent of all business email were Spam, it was essential to go through each email to avoid unnecessary dispute and to regularly review and update risk management procedures.

General services, Water Transportation, Water Transportation Services, Support Activities for Water Transportation, Company systems management, Information management, Shipping industry, Spam (Junk email), Unsolicited bulk e-mail

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Tortured accountant denied justice

Article Abstract:

Ron Jones, a British accountant, has been unsuccessful in gaining approval for suing the government of Saudi Arabia for allegedly torturing him. Jones accused the Saudi government of torturing him after he was arrested following a terrorist attack in Riyadh, Saudi Arabia.

Saudi Arabia, Accountants, Bombings, Torture

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