Tax and spend
13 September 2012
Large companies can save millions of pounds by analysing their tax bills. But, as Alex Coxon finds out, the opportunities aren’t open to everyone
It doesn’t take a genius to work out that making procurement more efficient will increase your profits. But when measuring total spend, tax has to be part of the equation. Tax-effective procurement can save huge sums of money for multinational companies with large procurement budgets and the ability to alter their structure.
“£37 million is the biggest direct...