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.
Here's a round-up of the big stories on just-drinks last week, featuring AG Barr, Bombay Sapphire, Wines of South Africa and Pabst Brewing Co....
It seems there's not much in the world that can make people smile these days. Luckily, we're part of an industry that has just been scientifically proven to do just that. ...
Despite accounting for just a small percentage of overall sales, craft beer is making an impression on the US....
Here's a round-up of the big stories on just-drinks last week, featuring SABMiller, Orangina Schweppes, PepsiCo and Scottish devolution....
- No Home Comfort for TWE as Bids Collapse
- Treasury Wine Estates: Here I Go Again On My Own
- Bacardi Seeks Own History at Bombay Sapphire Home
- Will low-alcohol wines wither on the vine?
- NPD in Alcoholic Drinks
- Diageo's Johnnie Walker hit by Travel Retail slump
- Carlsberg suspends production at Russian brewery
- Anheuser-Busch InBev shuts fourth Russian brewery
- Treasury Wine Estates pulls plug on takeover talks
- Mallya stays chairman at Diageo's United Spirits