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Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts
Palantir has paid only £2 million in UK corporation tax for 2024, despite securing lucrative public contracts worth hundreds of millions. With profits exceeding £25 million, their effective tax rate stands at just 8%, sparking calls for tax...
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Palantir has paid only £2 million in UK corporation tax for 2024, despite securing lucrative public contracts worth hundreds of millions. With profits exceeding £25 million, their effective tax rate stands at just 8%, sparking calls for tax reform among tech giants. Full story and more reels: https://newsreel.video #news #breaking #Palantir #taxreform #publiccontracts #UKtax
Originally reported by The Guardian.
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