A leading stockbroker has highlighted GUS’ low tax rate as key to its
valuation as it plans to demerge with Experian.
Morgan Stanley analyst Geoff Ruddell said that GUS, the business that
operates Argos, had a low tax rate due to the way its information arm Experian
was structured within the group.
Questioning as to whether GUS would be able to maintain a low tax rate when
it completed its demerger helped to push the share price down 7p to 978p
yesterday, reported The Times.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states