Blog: Diageo hopes 'charity tax' gets stuck at ferry terminal
Chris Mercer | 25 August 2011
Diageo's CEO, Paul Walsh, has said he does not expect to give a one-off tax donation to the UK Government, as some of his counterparts in France have promised to do.
CEOs of some of France's largest companies, including Evian water producer Danone, have said that they are willing to pay a one-off tax contribution to help the country reduce its debt.
It is not clear whether this offer amounts to a personal or corporate contribution.
Either way, Diageo's CEO Paul Walsh seems in no mind to lead a similar charge in the UK. "I hope it stays that side of the [English] Channel," he told just-drinks in an interview today (25 August).
"This company pays enough tax and this individual pays enough tax and we're not going to pay any more," he said. That's that, then.
I've stopped short of covering it as a product launch story on just-drinks, but take a look at this. Released this month in the UK, Snuffle Dog Beer is already available in 25 markets....
PepsiCo received high praise when it announced it was to launch its stevia-based Pepsi extension True exclusively on Amazon in the US....
Sean 'Diddy' Combs, the US rapper and entrepreneur, has publicly turned against his apparent former favourite Tequlia brand, Patron, now that he is joint-owner of DeLeón Tequila....
The Coca-Cola Co has spent a lot of money recently fighting accusations that soft drinks make you fat....
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