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Starbucks is "profitable" but paid no TAX for 3 years!

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Tuesday, October 16, 2012
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GlosAnarchy

A reuters report has shown;

Starbucks has paid nothing in corperation tax in the last three years.

Starbucks UK reported "losses" so did not have to pay corporation tax, but told investors that it was "profitable".

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  • Profile image for Aletheia

    by Aletheia

    Wednesday, October 17 2012, 5:04PM

    “We have many people from the EU here sending back money to their homeland, national utilities that are almost exclusively foreign owned and therefore partly taking their profits out of the country, major companies like Vodafone, Starbucks and others that are not paying any tax in the UK. Wealthy people such as Rupert Murdoch widely known not to have paid tax in this country, so is it any wonder that our national debt has increased year on year since the crash?
    The sad thing is that you can bet that the government's answer to the shortfall will be to raise the tax burden on the middle classes.”

  • Profile image for Spud0

    by Spud0

    Wednesday, October 17 2012, 2:58PM

    “If we drank Starbucks coffee and left without paying they'd be pretty angry but it's the same as Starbucks not paying their taxes to the government as they are using the national infrastructure to run their business and not paying for it.”

  • Profile image for Takeaway22

    by Takeaway22

    Wednesday, October 17 2012, 1:47PM

    “This is another example that private company accountants are more switched on than the governments tax specialists. HMRC lay down the rules and then are beaten/spanked at their own game.
    Imagine this: You are an accountant at a private firm. Your rules on the collection of monies rightfully due doesn't materialise and won't materialise due to careless, amateurish rules that you have put in place yourself, how long would you remain in that job?
    This example isn't a case of the company account being clever; it is fast becoming the norm.”

  • Profile image for Douglasknows

    by Douglasknows

    Wednesday, October 17 2012, 1:19PM

    “I certainly will not be going into Starstrucks again even if they are not braking any tax laws.”

  • Profile image for geraint2010

    by geraint2010

    Wednesday, October 17 2012, 10:50AM

    “OK we can boycott Starbucks, but how many other companies and wealthy individuals pay little or no tax? High time the government "grew some" and got serious about tackling the huge grey area that spans tax avoidance and tax evasion. Some chance though - "turkeys voting for Christmas" and all that!”

  • Profile image for thomas1996

    by thomas1996

    Wednesday, October 17 2012, 10:45AM

    “Will boycott 'Bigbucks' from now on, mind you at £2.39 for a cup of frothy milk should do anyway regardless of this news.”

  • Profile image for NibNobs

    by NibNobs

    Wednesday, October 17 2012, 10:35AM

    “I have just 'unsubscribed' from their annoying weekly marketing e-mails and cut my Starbucks Card up. I won't be going there again until I hear they pay their way in this country. I wonder if they notice if other people do the same.”

  • Profile image for TimMessanger

    by TimMessanger

    Wednesday, October 17 2012, 9:25AM

    “Hope you all enjoy your morning coffee!”

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