We should be reporting the results of economic phenomena, like the imposition of taxes, in the period in which the taxing event occurs and the government gains the right to resources. This will often be the same period in which the cash flows, but need not be.
"Paul Sutcliffe" is professor of mathematics, formerly at the University of Kent, now at Durham University. Using supercomputers he has modelled topological solitons. He showed that skyrmions look like buckminsterfullerene. He was awarded the London Mathematical Society/LMS Whitehead Prize in 2006.
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