Starbucks 'not yet agreed deal with HMRC'

Starbucks "propose to pay a significant amount of corporation tax" regardless of whether the company is profitable during these years.

The key change is they won't use royalty payments to other parts of the business to deduct tax.

Also key, Starbucks have not yet agreed this deal with HMRC.

Advertisement

Starbucks hit by tax protests

Coffee chain Starbucks has been hit by protests at branches across the country over its tax arrangements, despite announcing changes to its payments. Dozens of activists chanted "pay your tax" and waved placards and banners outside a London branch.