Comment on: Tech giant Palantir accused of 'agressive tax avoidance' at Europe's expense
Did we set up a rule that allowed this for the ruling class to export their wealth, and are now annoyed that other people are joining in this game?If so, expect it to never get fixed.
Comment on: The software group Palantir paid just £2M in corporation tax in the UK in 2024
I would have enforced different laws if necessary for such companies to tax them properly, because they are getting rich using my populations money, they should contribute back accordingly.If you threaten to leave the UK, sure go ahead, your market will be filled quickly. Same for Palantir.
Comment on: The software group Palantir paid just £2M in corporation tax in the UK in 2024
Unfortunately if your employer pays for private health insurance, HMRC says that is a taxable benefit and you still pay tax. The more insidious part is how the government makes employers pay a hidden 15% national insurance tax that needs to be paid on top of the tax on your salary.
Comment on: The software group Palantir paid just £2M in corporation tax in the UK in 2024
There's a coal mine here in Australia (NT I think) run by a company called Adani. When it was being proposed they did the usual "but think of all the taxes!" song and dance to get it approved.It's never posted a profit despite about a billion in annual revenue, and so never paid a penny of corp tax.Personally I think the tax authorities ought to take the line that a company posting losses like this is clearly not a viable, ongoing concern and ought to be wound up.If Starbucks UK is a loss-making venture, they should have some explaining to do when they're opening new branches.