Originally Posted by HH
Indeed, the ultimate shareholder is the Federal Republic of Germany. However the fact that Arriva UK is British means that they pay British taxes. Subject to any Corporate charges, of course (I have no idea what amount of charges they levy, if any).
It's not only the UK operation.
Arriva (Group) runs operations in a number of EU countries, and the profits come back to the UK first (and pay UK tax).
Some will go the Germany, but it's the Sunderland operation that manages it and makes the investment/returns.
I should think a very high percentage of Arriva's operations deliver value in the UK.