Palantir is booming. In the UK it paid £2m in tax

Palantir paid just £2m corporation tax in UK in 2024 despite lucrative public sector contracts

Palantir paid £2m UK corporation tax on £25m 2024 profits through transfer pricing that books 96% of international revenues to the US, achieving 1.4% global effective rate. Tech procurement teams should factor this tax optimization strategy into vendor risk assessments amid European regulatory tightening.