Barry J Whyte on Business

Danes get grumpy about tax arrangements for Facebook’s Odense data centre project

Facebook faces political pressure. Pic: Getty
Oisín Fanning: a turbulent few weeks

Last week, Facebook moved to repair some of the reputational damage done by its international tax arrangements.

In a blog post published by its chief financial officer, Dave Wehner, the company outlined its plans for taxing its ad revenues in the country in which they’re earned rather than routing them through Dublin in a structure that – for plenty of companies, not just Facebook – has begun to generate ...