FILE - In this Wednesday, Jan. 26, 2011, file photo, pedestrians are reflected outside a Starbucks store in Atlanta. Starbucks, the world's biggest coffee company, is planning to add at least 1,500 cafes in the U.S. over the next five years. The plan, which would boost the number of Starbucks cafes in the country by about 13 percent, was announced at the company's investor day in New York,Wednesday. Taking into account Canada and South America, the company plans to add a total of 3,000 new cafes in its broader Americas region. (AP Photo/David Goldman, File)
Starbucks to open 1,500 more cafes in the US
FILE - In this Wednesday, Jan. 26, 2011, file photo, pedestrians are reflected outside a Starbucks store in Atlanta. Starbucks, the world's biggest coffee company, is planning to add at least 1,500 cafes in the U.S. over the next five years. The plan, which would boost the number of Starbucks cafes in the country by about 13 percent, was announced at the company's investor day in New York,Wednesday. Taking into account Canada and South America, the company plans to add a total of 3,000 new cafes in its broader Americas region. (AP Photo/David Goldman, File)
By CANDICE CHOI
AP Food Industry Writer /
December 5, 2012
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Starbucks says this is due to a complex process where its taxable profits in the U.K. are calculated after royalties paid to its European headquarters in the Netherlands have been deducted.
Following criticism in the U.K. parliament and a campaign by protest group U.K. Uncut, Starbucks said this week that it was reviewing its tax approach.
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AP reporters Jill Lawless and David Stringer contributed to this report from London
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