Reinvesting profits avoids corporation tax and rightly so

Mark Littlewood appears on BBC Radio 5 Live

Mark Littlewood appeared on BBC Radio 5 Live to discuss Vodafone and allegations of corporate tax avoidance.

Mr Littlewood argued that when discussing tax avoidance, people are in danger of talking about the issue without considering what is actually being taxed. For example, Vodafone's profits have been wiped out due to reinvestment in the company so they are therefore not paying tax on these profits.

Listen to the full programme here. Segment begins at 45.00.