Facebook still routing British ad sales via Ireland
All of the £210 million in turnover booked by British division came from fees from its Irish arm
Facebook is still routing its large British advertising sales operation through Ireland, newly filed figures reveal.
The company, which is subject to a probe by the US tax authorities over transfer of assets to its Irish subsidiaries, disclosed last week that its British corporation tax bill had shot up by 1,000 per cent to £4.1 million (€4.6 million) from £4,327.
But all of the £210 million in turnover booked by the British division of the company came from fees...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply