The June 2025 merger announcement described a 51% / 49% joint venture. The CMA’s July 2026 update confirms Vodafone’s subsequent buyout. Current ownership and the structure during a past tax year can differ. [2][3]
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
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Investors in Vodafone
Investor disclosures found
Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.
Norway's sovereign fund, managed by Norges Bank Investment Management. The percentage is equity ownership in the named listed issuer, rounded as published. Linked brands can be subsidiaries or portfolio businesses; this is not a direct brand stake or a complete shareholder list.
The UK structure changed during and after the 2025/26 reporting period. A current UK cash-tax figure for a clearly defined set of entities has not yet been verified for this profile.
United Kingdom2025/26
UK corporation tax paid
Not yet verifiedCash payment
Vodafone group · UK perimeter to be verified Period ending 31 Mar 2026
The annual report discusses UK deferred-tax assets and different UK tax groups. The tax-contribution portal links older country reports. Those historical disclosures do not establish a current UK cash figure for the merged business. Historical zero-tax claims are not carried forward. [4][1]
These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.