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Proctor loses gamble

28 May 2009
Issue: 7371 / Categories: Legal News , Tax
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News in brief

Pringles are crisps, and therefore subject to VAT, the Court of Appeal has decided. The decision means Proctor and Gamble, which had argued Pringles were cakes and therefore exempt from VAT, must now pay £100m of tax for the past and about £20m per year in future. Argument centred on the “potatoness” of the crisp.

Issue: 7371 / Categories: Legal News , Tax
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