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July 7, 2014
06:24 EDTMANU, NKENike paid GBP 1M for selling GBP 100M of ManU replica kits, The Independent says
Nike (NKE) paid only GBP 1M in taxes for the past five years on its GBP 100M in Manchester United (MANU) replicak kits saies, reports The Independent. According to accounts filed with Companies House, the company funneled cloes to GBP 40M during the time to its Dutch business despite making most of its money in the U.K. Reference Link
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