date:Nov 13, 2012
despite his having told analysts on a conference call in 2009 that the UK unit was profitable and his predecessor listing the British operation in 2008, when asked about the foreign markets with the best margins.
Alstead also told the committee the company had an agreement with the Dutch authorities that allowed it pay a very low tax rate on its operation there.
Starbucks UK has an agreement to remit 6 percent of its turnover to the Dutch unit - its regional headquarters - in respect to the us