Wednesday, April 30, 2008

Is WPP going green?

Rumour is adland conglomerate WPP is looking to relocate their headquarters from London to Ireland.


Tax. Yes tax.

Reminiscent of the days when big name bands like the Rolling Stones moved to France to become tax exiles, WPP is reportedly looking to take advantage of the low company tax rate in the emerald isle.

The going rate in the UK is 28% compared to a paltry 12.5% in Ireland.

When quizzed on the matter Martin Sorrell apparently relied, "To be sure. To be sure."