Analysis

A New Tax Strategy For Multinationals: Shunning Tax Havens

Law360 (June 14, 2019, 6:57 PM EDT) -- Nearly a decade ago, Vodafone Group PLC was forced to temporarily close multiple stores across Britain to turn away protesters who chanted that the company was not paying its fair share of taxes. Today, the mobile phone giant is held out as a paragon of responsible and transparent tax behavior.

People walk past a Vodafone shop in London in June 2014. (AP) The 2010 protests were sparked by a cost-saving deal the company reached with the U.K. tax agency in an investigation into profits allegedly routed through a tax haven. Faced with a public outcry, Vodafone decided to adopt a long-term...

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