Why 370bn tech group Palantir pays 1.4 percent tax rate: Report

Why $370bn tech group Palantir pays 1.4 percent tax rate: Report Palantir Technologies, the United States data analytics and artificial intelligence company which has contracts with the country's military and intelligence apparatus, has "engineered its corporate structure" to pay no US federal corporate income tax, according to a new report. The study by the Centre for International Corporate Tax Accountability and Research (CICTAR) comes as Palantir reports soaring revenues, driven partly by government contracts, while it faces continued criticism for providing technology to the Israeli military amid the genocide in Gaza. What does the report show? Earlier this week, Palantir reported second-quarter revenue of $1.94bn, up 93 percent from a year earlier. But despite its rapid growth, CICTAR said its global effective tax rate was just 1.4 percent in 2025.