Starbucks to shift European HQ to UK after tax row
16 April 2014 by Neil Gerrard
Coffee chain Starbucks is to move its European headquarters to the UK from the Netherlands following criticism over its low tax payments in Britain last year.
The company said the move was part of a plan to get closer to Britain, its biggest market in Europe, according to the Times.
The paper quoted Starbucks' president of Europe, the Middle East and Africa, Kris Engskov.
Senior executives are expected to move to Starbucks' head office in Chiswick in west London, although manufacturing jobs will remain in Holland.
The company said it would pay around £10m a year in taxes for 2013 and 2014, after it was revealed that it paid no tax for the year to 30 September 2012.
