{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"In Solidarity - by openDemocracy","title":"Palantir and the art of Tax Avoidance","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/254b3985\"></iframe>","width":"100%","height":180,"duration":1867,"description":"Governments hand out billions in lucrative contracts to tech corporations to build surveillance systems, track migrants, and process public health data. Yet those same companies use every legal loophole available to avoid paying tax on their profits.\nIn this episode of In Solidarity, openDemocracy editor Aman Sethi and tech reporter Jade-Ruyu Yan sit down with Jason Ward, principal analyst at the Centre for International Corporate Tax Accountability and Research (CICTAR), to analyze Palantir’s global tax practices.\nPalantir supplies technology to US immigration enforcement, the Israeli military, and the UK’s NHS. Despite reporting 55% profit margins and over $1.6 billion in net income, Palantir maintains an effective global tax rate of just 1.4% and pays zero federal income tax in the United States.\n\nChapter Timestamps\n00:00:00 - Introduction & What is Palantir?\n00:03:25 - Palantir in the UK: NHS Contracts & Low Tax Bills\n00:04:37 - Why Investigate Palantir's Tax Practices?\n00:05:37 - Peter Thiel, JD Vance, and Silicon Valley Ideology\n00:07:02 - The 1.4% Effective Tax Rate: How Palantir Dodges Taxes\n00:10:47 - Explaining the Stock-Based Compensation Loophole\n00:15:15 - Corporate Taxes, Democracy, and Inequality\n00:18:48 - Who Works for Palantir? Inside Employee Motivations\n00:20:21 - The France Exception: Why Worker Power Matters for Tax\n00:23:14 - Australia’s Tax Transparency Revolution\n00:26:32 - Debunking Corporate Excuses & Pushing for Reform\nCredits:\nPresented by Aman Sethi\nProduced by Harry Beney\n Hosted on Acast. See acast.com/privacy for more information.","thumbnail_url":"https://img.transistorcdn.com/swGGhP8cZAkHBfFYG8ZeSUimQx84CLBSBdyjunfg4-I/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9hMmM2/OTgyZjRiMTBiMGQ0/MDMxOTg1YTAyNDVl/OWVjYS5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}