Kellogg’s pays €7m tax on €7.1bn sales moved through State
Cereal giant warns investors that corporate tax avoidance measures could hit finances
Kellogg’s has been criticised recently in Britain over allegations it effectively paid no corporation tax there in 2013
The breakfast cereal giant Kellogg’s, which routes a huge chunk of its global revenues through Ireland, has warned investors the international clampdown on corporate tax avoidance could have a “material impact” on its finances.
An Irish Times analysis of its accounts reveals the US giant, whose brands include Rice Krispies and Coco Pops, has directed more than €7.1 billion in sales from Europe, the Middle East and Africa through Dublin-registered Kellogg Europe Trading (KET) over the last five years .