4 December 2018, story by George Turner (Finance Uncovered)

London-based network operator Liberty Global is selling its German cable network operator Unitymedia to Vodafone. Liberty Global would earn seven billion dollars on this deal – tax free. Research by SPIEGEL and Finance Uncovered shows how the financing structure of Liberty Global allows the company to make enormous sums of money while paying almost no taxes on profits in Germany, taking advantage of the tax system by lending a lot of money, giving themselves high payouts, and making huge capital gains – with very low tax payments and completely legal.

The full story was published by Der Spiegel Online (in German), in collaboration with Finance Uncovered.