Giving a speech at the London Chamber of Commerce, Engskov said: “I am announcing changes which will results in Starbucks paying higher corporation tax in the UK – above what is currently required by law.
“Specifically, in 2013 and 2014 Starbucks will not claim tax deductions for royalties or payments related to our intercompany charges.
“In addition, we are making a commitment that we will propose to pay a significant amount of corporation tax during 2013 and 2014 regardless of whether our company is profitable during these years.
Paying corporation tax when when you don’t make a profit is not paying corporation tax – it’s a gift. We don’t want Starbucks’ fucking charity, the wanker. We just expect them to pay the right amount of tax that is due.