Starbucks uses complex tax structure in Europe and has faced criticism for lack of transparency
Starbucks received a tax credit worth £4.4m in the UK because of losses in 2020, despite the coffee chain’s US parent company making a profit during the same period of $1.2bn (£870m).
The loss comes after a year in which Starbucks was forced by the pandemic to temporarily close all of its 935 UK shops, leading to a steep fall in revenues.
