Private Equity Boss Fires Tax Salvo Across UK Government's Bows
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Saved by 1 people (0 private), first by anonymouse user on 2008-03-22
- Tonycurzonprice on 2008-03-22 - Tags capital-gains , iref , non-dom
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in a report published by the UK's Times newspaper, a Terra Firma spokesman
was quoted as stating that "there is absolutely no plan to move our main operations". “This is about reviewing the expansion of our overseas operations in
response to the tax changes," the spokesman told the Times. Since 1994, Terra Firma has invested approximately EUR11bn, mainly in
Europe. The company has offices in London, Frankfurt and Guernsey, owns eight
companies and claims to have paid GBP15.2mn in corporation tax last year.
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