Economy
Palantir Pays Just 1.4% Effective Tax Rate Despite $370B Valuation, Report Claims
A new CICTAR report says Palantir Technologies paid no U.S. federal corporate income tax for a third consecutive year in 2025, with a global effective tax rate of just 1.4%. The company shifted profits from UK and European contracts to its U.S. parent, leaving little taxable profit where work was done, despite government deals worth hundreds of millions of pounds.