STARBUCKS, the US coffee giant, has bowed to public pressure after it emerged it is planning to change its operating system so it will end up paying corporation tax in the UK.
STARBUCKS, the US coffee giant, has bowed to public pressure after it emerged it is planning to change its operating system so it will end up paying corporation tax in the UK.
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MICHAEL SETTLE UK POLITICAL EDITOR
The company, valued at £25 billion, has been stung by widespread criticism about the way it operates in Britain, which last year meant that, despite sales of nearly £400 million, it paid no tax on profits. Some politicians including, it appears, Danny Alexander, the Chief Secretary to the Treasury, have boycotted Starbucks over the tax issue.
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