Saturday July 4, 2020

Facebook to stop using Ireland to reduce tax on ad sales

Social network will start paying higher tax bill in UK from April

4th March, 2016
Facebook was revealed to have paid only £4,327 ($6,128) in taxes for 2014, less than the average UK worker

Facebook will stop routing advertising sales of its largest British clients through Ireland, increasing its tax bill by millions of pounds in a bid to improve transparency after facing criticism on tax avoidance.

Changes will be put in place in April, with the higher tax bill to be paid next year. Smaller business sales, where advertising is booked online with no staff intervention, will still be routed through the company’s Ireland offices, which will remain...

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