Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts
Summary
The Guardian reports Palantir paid only about £2m in UK corporation tax for 2024 despite profits and hundreds of millions in public sector contracts, aided by transfer pricing and other tax-advantaged practices. The piece highlights a low global effective tax rate and discusses policy implications, with responses from Palantir and unions about tax fairness and public spending.