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Starbucks’ Paid US Owners 15 Times More In Dividends Than It Did In UK Tax

From: mirror.co.uk

Starbucks’ UK arms last year paid their US owner 15 times more than the British taxman.

Its seven businesses here coughed up just £22.5million corporation tax compared to the £353million dividend it handed its parent company.

The windfall for the Starbucks Corporation was up from £47million in 2017 after tax reforms introduced by Donald Trump to encourage US multi-nationals to repatriate profits.

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