Tag Archives: starbucks

European Competition and Tax Investigation into US Multi-nationals

The European Commission has given a progress report on its competition and tax investigations into US multi-nationals Apple, Starbucks, Amazon, along with FIAT. The commissioner, Margrethe Vestager, said she would not be able to finish the investigation this second quarter … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , | Leave a comment

US Starbucks Finally Declares a UK Profit

After 17 years, cumulative turnover of over £3bn and a lot of criticism about its tax position, the US company Starbucks has finally declared a small profit on its UK business. From nearly 800 outlets and franchises it only managed … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

UK customer + UK paying + UK money + UK goods + UK services + UK advertised + UK delivered + UK used = 0.3% UK tax.

The “Mirror” newspaper reports that 6 US companies with UK sales estimated at £14.3bn paid just £41.3m in UK tax, or 0.3%. UK sales figures for Apple, Google, Starbucks, Amazon, Ebay and Facebook were estimated. This is because they use, … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

EU Investigates Starbucks Over Dutch Tax Deal

The European Commission has announced its preliminary view following investigation is that the Starbuck’s special tax deal with the Netherlands may be amount to illegal state aid. A number of so-called sweetheart deals, or rulings are being looked at in … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment