Dossier
Corporation tax
Coverage of Corporation tax in the Nexus archive.
- Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts
Palantir paid £2m in UK corporation tax in 2024 despite holding public sector contracts worth hundreds of millions, using global systems and accounting practices to reduce tax contributions. The company, which works with the NHS and Ministry of Defence, is growing exponentially.
- Starbucks’s retail arm gets £13.7m tax credit even as sales increase
Starbucks's UK retail arm received a £13.7m corporation tax credit despite a 6% sales increase and adding over 90 stores. Full-year losses at the UK division widened to £41.3m, nearly matching royalty payments to its parent company.