Financial Times FT.com

Tribunal thwarts Vodafone subsidiary tax hopes

By Vanessa Houlder and Andrew Parker

Published: August 9 2007 02:34 | Last updated: August 9 2007 02:34

Vodafone has had its hopes dashed of securing a swift resolution to its dispute with the UK authorities over a potential £2.5bn tax bill.

A London tribunal on Wednesday turned down Vodafone’s attempt to halt an inquiry by HM Revenue & Customs into the tax treatment of a subsidiary.

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