Facebook paid £2.9m tax on £840m profits made outside US, figures show
Company channelled bulk of profits through Ireland and on to Cayman Islands, allowing to it pay just £238,000 to UK taxman
Facebook paid £2.9m tax on £840m profits made outside US, figures show
Facebook has become the latest multinational to come under the spotlight for its tax affairs after figures revealed it paid just £2.9m in tax on profits of more than more than £800m.
Facebook paid £2.9m tax on £840m profits made outside US, figures show
Filings for Facebook Ireland, through which all of the social network's profits outside the US are channelled, show it paid the Irish tax authority €3.2m (£2.9m) last year.
Facebook paid £2.9m tax on £840m profits made outside US, figures show
READ MORE FROM GUARDIAN
Company channelled bulk of profits through Ireland and on to Cayman Islands, allowing to it pay just £238,000 to UK taxman
Facebook paid £2.9m tax on £840m profits made outside US, figures show
Facebook has become the latest multinational to come under the spotlight for its tax affairs after figures revealed it paid just £2.9m in tax on profits of more than more than £800m.
Facebook paid £2.9m tax on £840m profits made outside US, figures show
Filings for Facebook Ireland, through which all of the social network's profits outside the US are channelled, show it paid the Irish tax authority €3.2m (£2.9m) last year.
Facebook paid £2.9m tax on £840m profits made outside US, figures show
READ MORE FROM GUARDIAN
Post a Comment