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Benford's Law and the Decreasing Reliability of Accounting Data for US Firms

Important update 10/24/11 - Please see this revised analysis. http://econerdfood.blogspot.com/2011/10/benfords-law-and-decreasing-reliability.html
http://www.oecdobserver.org/news/fullstory.php/aid/3509/VAT_s_next_half_century:_Towards_a_single-rate_system_.html

VAT's next half century: Towards a single-rate system?

Jeffrey Owens, Director, and Piet Battiau, OECD Centre for Tax Policy and Administration, Alain Charlet, WTS France* Value-added tax is but a baby in the history of tax. It was a German businessman, Wilhelm Von Siemens, who, in the 1920s, first described the idea of putting a tax on the additional value of output at each stage of its creation, rather than just at the retail sales end.
Value Chain

Business Process