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Sunday, November 07, 2010

Demonstrations against Vodafone's £6billion deal with HMRC

There is real popular anger - even arrests and shop closure in Cambridge - at the decision by UK tax authorities to settle the outstanding claim against Vodafone for its purchase of Mannesman back in 2000 via its Luxembourg subsidiary (a small garrison town which has become a tax haven for European multinationals impoverishing the major EU countries - like a little Ireland or Bermuda).

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