Wednesday, 17 October 2012

Starbucks 'paid just £8.6m UK tax in 14 years'

US coffee giant Starbucks reportedly paid just £8.6m in corporation tax in the UK over 14 years. The four-month investigation by news agency Reuters also found the firm had paid nothing in the last three years. Starbucks UK reported losses so did not have to pay corporation tax, but told investors that it was "profitable".