I'm counting on #taxtwitter to get to the bottom of this today... Its not a satisfactory outcome for a bunch of smart ppl, all looking at same info, to end up lining up in mutually exclusive team positions -There has to be some level of objective reality ppl can agree on!https://twitter.com/DanNeidle/status/973217729632198658 …
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Were it trying really hard to maximise its intragroup debt, you'd think Italian Coffee Holdings Ltd would pay for the losses surrendered to it from its holding company... ;)
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Isn’t the answer that it’s just not that profitable...? Operating profit is £17m on total assets of £350m, that’s not a good ratio, surely?
@TimHarford s Undercover Economist explained why.#taxtwitter#coffeetaxThanks. Twitter will use this to make your timeline better. UndoUndo
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