Palantir Profits From European Public Services; Avoids Taxes That Fund Them
Tech company Palantir has become widely known for the dystopian values espoused by its founders and their stated support for Israel throughout the genocide in Gaza. A new report now indicates the company may also be engaged in extensive tax dodging, allowing it to avoid contributing to the public services it profits from.
Launched on August 5 by the European Federation of Public Service Unions (EPSU) and the Center for International Corporate Tax Accountability and Research (CICTAR), the report identifies “an estimated €12 million (approximately USD 13.8 million) ‘tax gap’ between what Palantir pays in Europe and what they would have paid if they didn’t shift profits to the United States.”