Mon­delez tax rap firm link

Daily Mirror (Northern Ireland) - - BRIAN READE -

THE ac­coun­tant for Cad­bury owner Mon­delez was pre­vi­ously ac­cused of prac­tices with “char­ac­ter­is­tics of a mass-mar­keted tax avoid­ance scheme”.

A 2015 re­port by MPS rapped ar­range­ments to di­vert prof­its via Lux­em­bourg that PWC pro­moted to clients. Mon­delez was not among firms named as hav­ing been given ad­vice.

The Mir­ror re­vealed this week that the US giant’s big­gest UK arm paid no cor­po­ra­tion tax last year.

SPOT­LIGHT Cad­bury owner

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