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RSS FeedsFerrero CEO`s £542m dividend under fire over firm`s tax liability
(The Guardian Business News)

 
 

24 january 2020 20:15:11

 
Ferrero CEO`s £542m dividend under fire over firm`s tax liability
(The Guardian Business News)
 


Firm paid just £110,000 UK tax last year, despite selling £419m worth of chocolates in BritainGiovanni Ferrero, scion of the Italian chocolate empire that makes Kinder Surprise, Nutella and Ferrero Rocher, is paying himself and his family a EUR642m (£542m) dividend in one of Europe“s biggest-ever paydays.The huge annual dividend payment comes as the company paid just £110,000 tax in the UK last year, despite selling £419m worth of chocolates and other snacks in Britain. Continue reading...


 
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