Just received this email from SumofUs.org about Vodafone, who have paid no tax since 2011 despite profits of £59.4billion… Adam, Vodafone has not paid a single penny in taxes since 2011, despite making a post-tax profit of £59.4 billion last year. Vodafone recorded this huge profit because it funnelled its revenues to Luxembourg -- despite having virtually no presence in the country. While Vodafone is happy to take money from the pockets of people in the UK, it doesnt want to give anything back to the communities that keep it in business. Vodafone openly admits on its own website that it actively avoids paying tax so it can line the pockets of its shareholders. In India too, Vodafone have sought to avoid a further £1.6bn tax bill. However, the Indian authorities, unlike the British, have successfully pursued Vodafone for the money, forcing it to pay up. Vodafone: Pay your fair share of tax in the UK! Companies like Vodafone are crippling the UK’s social housing sector. Without corporations paying taxes, the government cannot afford to build much needed social housing. The amount of tax Vodafone owes the British government could pay for thousands of new homes. Vodafone’s AGM is coming up in six weeks. Its time to show Vodafone that customers will no longer stand for the injustices that let multi-billion pound companies get away with anything, while ordinary people are left to pick up the pieces of a destroyed housing market. Vodafone: It’s time to pay your fair share. Stop avoiding taxes by moving your operations to tax haven Luxembourg. Thank you for taking action, Martin, Anne, Jon and the team at SumOfUs PS: Anti-austerity group UK Uncut is targeting Vodafone shops all over the UK this Saturday, June 14th, in protests against tax dodging. Find out more at: act.sumofus.org/go/4706?t=6&akid=5701.1655640.0xq13k ********** More information: Vodafone courts new tax row with transfer to Luxembourg haven, The Independent, 6 June 2014
Posted on: Thu, 12 Jun 2014 20:42:15 +0000
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