Palantir paid just £2.1m UK corporation tax in 2024

‘Palantir was willing to spend more on securing political access than almost all of its British and Continental competitors. It made donations to London think tanks and hosted parties at Davos.’ @petergeoghegan.bsky.social and @lucasamin.bsky.social: www.lrb.co.uk/the-paper/v4...

Palantir paid just £2m corporation tax in UK in 2024 despite £247m revenue, £25.3m profit. Doesn't pay much anywhere, effective global tax rate is 1.4% Shifts profits through intragroup transactions, enjoys tax breaks. UK Govt rewarding it with public contracts, enriching execs & shareholders.

A £240m contract with the Ministry of Defence, a £330m deal with the NHS, but only £2m of tax in the UK 🤔 https://www.theguardian.com/technology/2026/aug/05/palantir-corporation-tax-uk-2024-accounting-practices

Palantir hoovering up European defence and NHS contracts whilst funnelling earnings back to the US to pay negligible corporate tax is a complete failure of digital sovereignty. European states must stop enriching tech firms that drain public coffers. Is it time to ban them? #FBPE

Palantir earns billions from government contracts around the world, including across Europe. Yet European trade unions say the US tech giant pays next to nothing in tax. How does a company profiting from so much public money contribute so little in return?

The UK Government is being taken for an absolute ride by these people www.theguardian.com/technology/2...

Time to stop this tax dodging merry go round www.theguardian.com/technology/2...

#NoToPalantir “Palantir paid just £2m in corporation tax in the UK in 2024, despite holding public sector contracts worth hundreds of millions, thanks to tax breaks that are likely to reduce its contributions to governments around the world for years to come” 🤬 www.theguardian.com/technology/2...

🤑 We pay. You pay. Palantir doesn’t. A new report finds that #Palantir is paying little to no corporate tax in Europe while expanding its influence over public services, policing, defence and national security. 💲 Public money in. Almost no tax out. Read the report: www.epsu.org/article/pala...

In 2024 Palantir paid just £2.1m in UK corporation tax, despite declaring profits of over £25m. The UK corporation tax rate was 25% that year and remains at that level. But Palantir's effective tax rate was just over 8%. That's not right. www.theguardian.com/technology/2...

Palantir 2024 net profit globally was $468 million. UK sales represent 11% of their sales. So the profit after tax in U.K. should have been $50 million; suggesting something very dodgy going on.

Palantir are a surveillance outfit. They do not act for the good of the people. They should have zero access to any private, individual information relating to UK citizens. Least of all health data. Sheesh - what does it take to get UK government to understand this.

Great company, great lads, love them having their grubby hands in everything and giving nothing back to society via tax, let’s give them more contracts!

Companies like Palantir avoid paying tax so you and me have to pay a whole lot more or the UK's essential services will collapse

🚨 Breaking New report @cictar.bsky.social on tax behaviour US Big Tech company Palantir Benefitting from public money but avoiding paying fair taxes undermining finance for public services and public pensions @corporateeurope.org @taxobservatory.bsky.social www.epsu.org/article/pala...