East Hampshire began to pioneer a scheme known as "private provision", which means public houses, restaurants or churches agree to provide toilets for the general public in return for an annual sum from the council.

BBC: Save our loos plea

Last year, both Ford and General Motors took bold new steps by offering lump-sum payments to white-collar retirees in lieu of a monthly pension check.

FORBES: Ford's Leaky Pension Boat Is A Multi-Billion Dollar Problem

Having shelled out a jaw-dropping sum to showcase the 17-day event, NBC parent General Electric had hoped for better.

FORBES: No Gold For NBC

It is an astronomical sum for any athlete, much less an athlete in a sport that the general public pays attention to only once every four years.

FORBES: Michael Phelps Locks Up Olympic Immortality And Post-Career Millions

Members should also adopt a common General Anti-Abuse Rule, whereby they can ignore artificial tax avoidance schemes and tax the underlying sum of money, the Commission said.

BBC: Tax avoidance targeted by European Union