TNT Post to challenge Royal Mail tax exemption


TNT Post is to go to court next month to challenge rival Royal Mail’s tax exemption status as the universal service provider, just as the state-owed post and parcel carrier prepares for its floatation. TNT Post believes that Royal Mail should not have a 20% advantage over other parcel carriers if it becomes a privately-owed company. Currently, European law states that companies that provide a universal service, like Royal Mail, can be granted tax exemptions. A spokeswoman for TNT Post […]