#corporation tax Tech News.
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TechHacker Newsabout 2 hours ago
Palantir paid £2M UK tax despite £247M revenuePalantir paid just £2.1m in UK corporation tax in 2024 despite declaring profits over £25m, an effective rate of 8% versus the 25% standard. The company holds £670m in UK government contracts, including a £240m MoD deal, and books most European revenue in the US.
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