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☕️Starbucks’ European unit paid 2.8% UK tax last year, interesting isn’t it.⠀⠀
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Starbucks was able to avoid paying UK corporation tax through complex international payments within the company known as “transfer pricing”.⠀⠀
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Perfectly “legal”, by using this structure Starbucks could show a loss due to a 4.7 per cent premium paid to the Netherlands division – where the coffee beans are roasted, and another 20 per cent premium to Switzerland to buy the coffee beans.⠀⠀
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Most simply put, as corporation tax in the UK is only paid on profits, Starbucks ensured it made no profits by making large royalty and other payments to offshore companies, including charging itself for using the Starbucks name.⠀⠀
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Learning from case study of the biggest companies and structured knowledge is the best way to plan you taxes.⠀⠀
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And while we are at it more than 30% of spots for the “Cost & tax management training for small & medium enterprises” training are already taken, and if you want to get a discounted price then hurry up.⠀⠀
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☕️Starbucks’ European unit paid 2.8% UK tax last year, interesting isn’t it.⠀⠀ ⠀⠀ Starbucks was able to avoid paying UK corporation tax through complex international payments within the company known as “transfer pricing”.⠀⠀ ⠀⠀ Perfectly “legal”, by using this structure Starbucks could show a loss due to a 4.7 per cent premium paid to the Netherlands division – where the coffee beans are roasted, and another 20 per cent premium to Switzerland to buy the coffee beans.⠀⠀ ⠀⠀ Most simply put, as corporation tax in the UK is only paid on profits, Starbucks ensured it made no profits by making large royalty and other payments to offshore companies, including charging itself for using the Starbucks name.⠀⠀ ⠀⠀ Learning from case study of the biggest companies and structured knowledge is the best way to plan you taxes.⠀⠀ ⠀⠀ And while we are at it more than 30% of spots for the “Cost & tax management training for small & medium enterprises” training are already taken, and if you want to get a discounted price then hurry up.⠀⠀ ⠀⠀ ⠀⠀
Жизнь движется всегда в сторону самой сильной мысли.
Жизнь движется всегда в сторону самой сильной мысли.