RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Facebook paid £4,327 in UK taxes last year; That's £4,327 too much - Fail! Now get with the tax-haven program... Tue Oct 13, 2015 2:21 am | |
| Facebook paid just £4,327 (A$9,017) in taxes in the U.K. last year despite offering staff in London an average of £210,000 (A$437,624) in pay and bonuses, the Sunday Times reported.
The social network giant offered shares worth £35.4 million (A$73.7 million) to its 362 London staff, pushing its British division into an accounting loss of £28.5 million (A$59 million) last year, according to accounts for Facebook UK Limited.
Its widening losses allowed Facebook to minimise its corporation tax bill in Britain, the newspaper reported.
https://au.finance.yahoo.com/news/facebook-paid-6-632-uk-063919403.html |
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