Sir Martin Sorrell, chief executive of global advertising group WPP, said the amount of corporation tax companies pay is "a question of judgement". Sir Martin suggested that coffee chain Starbucks chose to pay a £20m royalty to the UK taxman because "doing good is good business".
WPP plc (WPPGY)
Q2 2011 Earnings Call
August 24, 2011 9:00 am ET
Paul Richardson - Group Finance Director, Executive Director and Chairman of Corporate Responsibility Committee
Martin Sorrell - Group Chief Executive Officer and Executive Director
Daniel Salmon - BMO Capital Markets U.S.
Michael Corty - Morningstar Inc.
Peter Stabler - Wells Fargo Securities, LLC