OK, so this is self-referential but….

Another take on Vodafone.

The idea that HMRC were strong armed by Vodafone, under some strange unspecified threat, to allow them to pay a lot less tax than they legally owed made zero sense to me. I used to work on tax planning projects for a global corporation of easily equivalent size to Vodafone and such a method of operation seemed the product of febrile minds keen to see the evil in big business rather than acknowledgement of the facts.

2 comments on “OK, so this is self-referential but….

  1. Of those criticising the settlement consider the legal issues that were being litigated. Most tax professionals were actually surprised Vodafone settled at all – on the basis of the ECJ judgment they had pretty good prospects for a clean win.

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