Starbucks caves in to pressure and promises to pay 20m in corporation tax in next 2 years

Starbucks caves in to pressure and promises to hand the taxman 20m after public outcry The US-owned coffee chain has paid just 8.6 million in corporation tax in the past 14 yearsAfter public pressure, it will pay 20million to the Treasury over the next two years Campaigners are unhappy with the pledge, and are preparing to protest at cafes on Saturday There are hopes that Amazon and Google will be next to pay more tax | UPDATED: 07:50 GMT, 7 December 2012 Anger: Starbucks will pay 20million in corporation tax over the next two years after it was accused of acting 'immorally' for not paying the levy over the last three years Starbucks last night caved in to public pressure and agreed to pay millions in corporation tax amid fears of a growing consumer boycott. The global coffee group struck a deal with Her Majesty’s Revenue and Customs to pay 20million over the next two years, whether or not it reports a profit. The move will bring valuable money into Treasury coffers and piles pressure on other multi-nationals such as Google and Amazon to restructure their affairs to make contributions