UK store John Lewis seeks tax probe
Agencies: London, Nov 15 2012, 12:03 IST
retailer Starbucks paid no corporation or income tax in Britain in the past three years and had paid only 8.8 million pounds since 1998. In the same period it sold 3.1 billion pounds of coffee.
Street said he backed the principle that corporate income should be taxed in the country in which it was earned.
It is to do with what our customers expect around a fair and level playing field. And I suspect our customers do think both companies should be treated in the same way, he added, referring to John Lewis and Amazon.
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