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Howard the Mail beat the Independent to the story....................
Vodafone pays no UK corporation tax for second year running despite earning £5 billion in sales
In its annual report published today the company revealed it made an operating profit of £294 million
but paid no corporation tax
Vodafone paid no UK corporation tax for the second year in a row, it was revealed today in its annual report.
The company had sales of £5 billion in Britain in the year to March and made an operating profit of £294 million
, according to its results. But the mobile giant tried to head off a row by insisting critics should look at its
total contribution through other taxes.
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