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Liberty Global's tax manoeuvres
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Old 11-11-2014, 13:06   #1
steveh
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Liberty Global's tax manoeuvres

Some background from Bloomberg on the Virgin Media acquisition and how it enabled Liberty Global and chairman John Malone to save a whole heap of tax by not bringing cash back to the USA.

http://www.bloomberg.com/news/2014-1...ess-shift.html
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Old 12-11-2014, 07:19   #2
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Re: Liberty Global's tax manoeuvres

A lot of the very wealthy didn't get that way without some chicanery and don't stay that way by paying more tax than they absolutely have to.

Business decision - spend £1 million on accountants to save £100 million in taxes. From the purely financial perspective a no brainer.
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