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You are here: Home / Industry News / Starbucks ‘paid just £8.6m UK tax in 14 years’

Starbucks ‘paid just £8.6m UK tax in 14 years’

Posted on October 16, 2012 by Welsh Food.

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.

It found Starbucks had generated over £3bn in UK sales since 1998 but had paid less than 1% in corporation tax.

“We have paid and will continue to pay our fair share of taxes in full compliance with all UK tax laws, as we always have,” Starbucks said.

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Welsh Food have introduced a new service for food and drink businesses in Wales – our professional, low cost website package solution. Our prices start at just £295, include hosting, and all our customers get a FREE listing on our Welsh Food Business Directory!

Latest

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