The newspaper claimed Tice had avoided paying corporation tax on the company's "multimillion-pound profits for most of 2018 to 2021" through gaining "rare legal status" for it as a real estate investment trust (Reit). The status gives firms a grace period in which they are exempt from corporation tax, according to the paper, and instead issue a portion of the company's earnings to shareholders who are taxed individually.
Durham was enthusiastic about the term 'put more oil into the fire', believing it confirmed his conspiracy theory that Hillary framed Trump with Russian disinformation.
