It is great and brilliant that John is taking the moral high ground and setting an example for other billionaires.. many other UK billionaires should take heed, likewise how he aims to give wealth away to make a different is also awe inspiring (not sure many will follow sadly but fingers crossed).
No doubt therefore running firms like google/amazon would be rather different from phone4U in UK...
Indeed, it is only few years back that John was also trying to fight for his rights.. (Phones4U boss loses £13m tax fight | This is Money, 24 July 2005 http://bit.ly/10KFnET)
US indeed have similar challenges: @GarethWong: Must read, view from within US, corporate tax nationally, and what has changed.. very real national problem! re We’re living in an Ayn Rand economy - Salon.com http://bit.ly/13JcVbT
Transfer pricing is a world problem, not only UK, as I briefly blogged: @GarethWong: Challenge of Transfer Pricing, My comments/data needed to support Eric Schmidt: At Google we aspire to do the right thing. So we welcome a debate on international tax reform | Eric Schmidt|Comment is free|The Observer http://bit.ly/10KG690
Founder/CEO of GamBond®, (creating new billion/trillion $ financial vertical) (essentially we guarantee companies that do not fail by monitoring their cash flow+cash reserve vs outstanding risks vs market & industry benchmark) Yup, provide a real alternative for companies of being rated, listed or audited.
As a hobby, I focus on highest level of networking with CXOs (CEO,CFO,CIO/CTO, Snr. HR directors of firms with £3m+/$5m+ profits min.) across all sectors, verticals and countries.
Strategist: Board Advisor to mid market firms to capitalise on cross industry niches from devising strategy to market expansions (from Financial, FMCGs, to social gaming gambling TV/ Entertainment industries).