sir phillip green seems to have pulled it off rather spectacularly

Taveta Investments, acquired by Arcadia in 2002, is registered in the name of Green's wife.[45] As a Monaco resident, the company faces a significantly lower tax liability than if she were a UK resident.[46] When Green paid his family £1.2 billion in 2005, it was paid for by a loan taken out by Arcadia, cutting Arcadia's corporation tax as interest charges on the loan were offset against profits.[47]

and f**ked all his staff over pension wise

Posted By: Tombs, Mar 26, 17:45:26