Blog: Chris MercerDiageo 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.

 


BLOG

To the morgue for Thai drink drivers

Would the thought of working in a morgue stop you from drink driving? ...

BLOG

Heineken plays 'hard' ball in US cider

You would be forgiven for thinking that the US cider boom is over. Sales growth of as much as 90% in the past few years has shrunk to double figures. ...

BLOG

PepsiCo's Johnston's new Twitter role is hard to Tweet

The drinks industry could do more to benefit from new technology. ...

BLOG

Lessons from the past in PepsiCo heir-apparent talk

The soft drinks world is abuzz today over what an executive shake-up at PepsiCo might mean to on-going speculation over CEO Indra Nooyi's successor....

just-drinks homepage



Forgot your password?