The software group Palantir paid just £2M in corporation tax in the UK in 2024
Palantir paid only £2 million in UK corporation tax in 2024 despite holding significant public sector contracts and forecasting $8 billion in global revenue. A report by Cictar highlights the company's low effective tax rate, sparking criticism from labor unions.
Palantir expects its worldwide revenues to almost double this year to $8bn (£5.95bn), its CEO has said. Palantir expects its worldwide revenues to almost double this year to $8bn (£5.95bn), its CEO has said. Palantir Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts Software group benefits from global systems and accounting practices ‘that enable tax to be shirked’, says union boss
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