Tag Archives: Facebook

UK customer + UK paying + UK money + UK goods + UK services + UK advertised + UK delivered + UK used = 0.3% UK tax.

The “Mirror” newspaper reports that 6 US companies with UK sales estimated at £14.3bn paid just £41.3m in UK tax, or 0.3%. UK sales figures for Apple, Google, Starbucks, Amazon, Ebay and Facebook were estimated. This is because they use, … Continue reading

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Facebook pays NO tax in 2012 and even gets tax refund of $429m despite $1BN profits

“The refunds reportedly come from tax deductions on executive stock options and share awards.” And some mighty stock options they must be! http://www.dailymail.co.uk/news/article-2279701/Facebook-pay-tax-2012-tax-refund-429MILLION-despite-1BILLION-profits.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490 Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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