16 January 2013

Johnnie Walker

The Guardian 2nd February 2009

"The UK-based drinks giant Diageo plc has transferred ownership of brands worth billions of pounds, including Johnnie Walker, J&B and Gilbey's gin, to a subsidiary in the Netherlands where profits accrued virtually tax-free. Despite average profits of £2bn a year, it paid an average of £43m a year in UK tax - little more than 2% of its overall profits."

TiiaTax Dodger Countdown Number 8 • Opuss № I