There's a coal mine here in Australia (NT I think) run by a company called Adani. When it was being proposed they did the usual "but think of all the taxes!" song and dance to get it approved.
It's never posted a profit despite about a billion in annual revenue, and so never paid a penny of corp tax.
Personally I think the tax authorities ought to take the line that a company posting losses like this is clearly not a viable, ongoing concern and ought to be wound up.
If Starbucks UK is a loss-making venture, they should have some explaining to do when they're opening new branches.
It's never posted a profit despite about a billion in annual revenue, and so never paid a penny of corp tax.
Personally I think the tax authorities ought to take the line that a company posting losses like this is clearly not a viable, ongoing concern and ought to be wound up.
If Starbucks UK is a loss-making venture, they should have some explaining to do when they're opening new branches.