Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.
WPP Group expects to move its tax headquarters back to the U.K., from Ireland, chief executive Martin Sorrell told the BBC radio today (March 24). The move is in response to the U.K.’s proposed cuts in corporate taxes and change in the taxation rate of profits earned oversees by companies like WPP, which rings up 90 percent of its revenue outside the country.
For tax purposes, WPP moved its headquarters to the Republic of Ireland in 2008, although its holding company staff remains in London.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in