Starbucks CEO says in talks on UK tax payment

Wed Dec 5, 2012 4:48pm EST

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Dec 5 (Reuters) - Starbucks Corp Chief Executive Howard Schultz on Wednesday said the coffee chain is in talks about paying income taxes in the UK, despite the fact the company has not made a profit in that market for many years.

"We are engaged in discussions to make a contribution - despite the fact that we have not made a profit - that would legally put us in a position to pay income taxes," Schultz said in an interview.

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