Reply to post: Re: About bl**dy time

US slaps tariffs on countries that hit Big Tech with digital services taxes ... then pauses them immediately

Dave314159ggggdffsdds Silver badge

Re: About bl**dy time

"Starbucks didn't pay profit tax because they were losing money on every cup having to buy $$$$ coffee beans from their Swiss subsidiary and pay Starbucks Brand Services (Bermuda) $$$$ for the rights to use the logo."

Conspiracy theory time again, huh?

That simply isn't true. Starbucks' in the UK was not profitable aside from licensing fees and international taxes. The coffee beans were literally bought at an open market price, in that many other companies bought from the same supplier. Licensing fees for the branding are a proportion of profits.

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