Palantir pays 1.4% global tax rate
The gist
A CICTAR study found Palantir paid $22.7 million in global tax on $1.657 billion pre-tax profit in 2025.
The findings raise questions about public contractors' tax contributions.
How it unfolded
- 2024Palantir paid just over $21 million in corporation tax worldwide on pre-tax profits of $489 million, an effective global rate of 4%.
- 2024In the United Kingdom, Palantir paid £2.1 million in tax, an effective rate of 8.2%, against a UK headline corporation tax rate of 25%.
- 2025Palantir reported $1.657 billion in pre-tax profit, booked $22.7 million in corporate tax paid globally and paid $0 in US federal income tax, an effective global rate of 1.4%, per CICTAR.
Key terms
- effective global rate
- The actual ratio of tax paid to income, as opposed to the statutory rate set by law.
- profit-shifting
- Moving profits from high-tax countries to low-tax or no-tax jurisdictions to reduce tax bills.
Source: Wikipedia