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Starbucks to pay more bucks

December 7, 2012

The MD of Starbucks posted a letter on the company’s website yesterday informing its customers that from now on it will pay more corporation tax in the UK – above what is currently required by tax law.

Kris Engskov said the company has learned it’s “vital to listen closely to our customers” – the news that it was avoiding paying some tax provoked outrage, with some groups boycotting the chain. And it certainly sounded like Starbucks felt it has some making up to do. (more…)