Starbucks says ‘will pay more tax’ in UK after Europe HQ shift

LONDON, Apr 16 (AFP): Starbucks said on Wednesday it was re-locating its European headquarters from the Netherlands to Britain a year after the US coffee giant was heavily criticised by British lawmakers for tax avoidance.

The company, the world's largest coffee shop chain, said it would pay more tax in Britain as a result of the re-location, which is expected to take place at the end of the year.

Britain is the group's largest and fastest-growing market. Starbucks expects to open another 100 outlets there this year.

"By making this move, our senior leaders will be better able to oversee the UK market in which over half of our European stores-employing more than 7,500 employees-are located," the company said in a statement.

"This move will mean we pay more tax in the UK."

Starbucks and a number of other multi-national companies, including Amazon and Google, have come under pressure from politicians and campaigners over their tax affairs.