Starbucks has launched a US offensive to protect and expand tax breaks on foreign profits – just months after its tax structure provoked a political backlash and public relations crisis in the UK.
In a letter to lawmakers on the House Ways and Means Committee, which is weighing up a sweeping overhaul of the US tax system, the coffee shop chain said its effective global tax rate exceeded 32 per cent.
Starbucks is one of only a dozen large US companies to have made individual submissions to the committee – offering a rare and detailed glimpse into its priorities for tax policy.
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