VODAFONE managed to avoid paying almost £1 billion in tax in the UK due to weak accounting laws not found in other European countries.
An inquiry found that tax authorities in countries such as Germany and Spain have collected billions of euros from the mobile phone company, in contrast to HM Revenues and Customs.
A study of the telecomms giant's accounts revealed the company used complicated off-shore tax avoidance procedures that enabled them to downplay the amount of profit they made each year.
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