Birbla

Join the discussion

Write your take first — we'll ask for email only when you're ready to publish.

Sign in
  • Hacker News
  • this is probably an unpopular opinion, but isn't this working as intended:

      * Palantir started in the US as a start up and burned a lot of money building the systems they are running today and that are finally profitable
  * Those systems are used from the UK subsidiary but if a different consultancy would use them, they would be billed accordingly. That's transfer pricing
    The article says as much. Before Palantir has to pay taxes in the US, they first work through previous losses which to a large extent are stock options for their employees. Early employees took a risk working there, it paid off, that gets deducted from the profits. Same for other early spending.
    by dosinga
  • Seems like Palantir and the UK are a great match for each other.
    by Cider9986
  • I seriously do not understand why companies pay taxes on the income and not the revenue. (EDIT: I mixed them up)

    I pay on the revenue. I also buy things. I also consume. And somehow I can manage with taxes on the revenue.

    This would also solve the problem of companies that get 10 M€ in revenue, but somehow only 10€ is taxed because expenditure, capex etc

    by BrandoElFollito
  • How to opt-out of sharing your NHS health records with Palantir:

    https://www.nhs.uk/using-the-nhs/about-the-nhs/opt-out-of-sh...

    by tjpnz
  • In case anyone is interested in knowing the "how" part, read this: https://palantir-uk-tax-evasion.pagey.site/
    by freakynit
  • The existence of Palantir is a significant public policy failure. It is a tool for corrupt actors - both private and public - to maximize how much they steal from all of us. Their use of existing tax policy is just an example.

    Palantir should be shut down tomorrow; the data it’s collected deleted, its IP destroyed and its executives jailed.

    by rimbo789

Explore Birbla archives