Harry Potter and the riddle of RBS’s tax bill
It’s the kind of magic worthy of a graduate of Hogwarts School of Witchcraft and Wizardry — Royal Bank of Scotland Group, owner of Ulster Bank, conjured up at least £1bn (€1.29bn) in tax breaks by investing in controversial financing deals for Harry Potter films and a host of other blockbuster titles that involved no risk to the bank.
Wed, 17 Feb, 2016