Print Published 18th Dec 2012, 13:09

Jersey Court approves UK tax rehabilitation of WPP

Earlier today the Jersey Court sanctioned the scheme of arrangement that will result in WPP becoming tax resident in the UK after several years’ sojourn in the benevolent tax environment of the Irish Republic (see WPP takes step towards tax rehabilitation in UK).

It is currently expected that newly issued shares in the replacement parent company will be traded on the London stock market with effect from 2 January 2013.