Facebook reacts to pressure over ad revenue

Facebook reacts to pressure over ad revenue

Money from international ad sales will no longer be routed through Dublin in an effort to provide more transparency

Social media giant Facebook has responded to pressure over its tax arrangements by announcing a change in the way it records revenue from advertising.

The move was announced in a blog post by chief financial officer Dave Wehner, who said that advertising revenue from its local sales offices in various countries would be recorded in those countries, rather than being routed through Facebook’s international headquarters in Dublin.

“We believe that moving to a local...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription


For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription


For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription


For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post