The argument seems to be that the deed of variation would have led to a tax saving but the law has been changed since then meaning that there’s not in fact a tax saving.
So that’s alright then.
Except see what happens when Ritchie talks about Amazon. OK, so they don’t make profits globally so they’re not in fact dodging tax. But they use offshore structures so that’s not alright because they’re setting themselves up to potentially avoid tax.
Which is what Miliboy did and which is not alright then, is it?