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Palantir's effective tax rate in 2024 was 8%, significantly lower than the usual 25%, despite reporting £25.3m in pre-tax profits.

PoliticsCorporate AccountabilityJun 28, 2026score 1.022 posts · 2 replies across 2 instances
The thread discusses Palantir's low effective tax rate in 2024 compared to the usual rate, despite significant pre-tax profits, and links this to UK political figures and potential corruption.

Claims

Palantir's effective tax rate in 2024 was 8%, significantly lower than the usual 25%, despite reporting £25.3m in pre-tax profits.
Parent: Corporate AccountabilityEntity: PalantirImpact: negativeDate: Jun 28, 2026Target: Palantir's tax practices
The UK Labour government is implicated in enabling Palantir's tax advantages through political connections.
Parent: Political CorruptionEntity: UK Labour governmentImpact: negativeDate: Jun 28, 2026Target: UK Labour government's role in corporate tax policies

Source posts

@[email protected]
How Palantir harvested millions in UK tax breaks https://www.opendemocracy.net/exclusive-how-palantir-harvested-millions-in-uk-tax-breaks/ In 2024, Palantir’s effective tax rate was just 8%, far less than the usual 25%, despite £25.3m of pre-tax profits
17 boosts · 2 favs · 1 replies · Jun 28, 2026
@[email protected]
How Palantir harvested millions in UK tax breaks https://www.opendemocracy.net/exclusive-how-palantir-harvested-millions-in-uk-tax-breaks/ In 2024, Palantir’s effective tax rate was just 8%, far less than the usual 25%, despite £25.3m of pre-tax profits Thanks Friends of Israel aka UK Labour gov. The investment in crooked uk poliiticians pays off while the population suffer auserity.
11 boosts · 0 favs · 1 replies · Jun 28, 2026