Saturday, March 5, 2016

Company: Facebook taxed more advertising revenue in the UK – ABC Online

Saturday , 03.05.2016, 05:51
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Facebook expects its advertising deals in the UK market in the future will not pay more than Ireland and has to thus expected to significantly more tax in the UK.

that makes the business in the UK “transparent”, said the online network on with Friday, without giving figures. Facebook had been criticized in the UK, after had turned out that the company there in 2014 only 4327 pounds (5570 euros) had paid corporation tax. In Ireland, the tax rate is significantly lower.

UK changed last year its tax law to prevent multinational corporations can legally avoid taxes is. The change takes effect from April into force. As it became known in January, pays taxes the Internet giant Google in the UK by 130 million pounds by and in the future will also be higher taxes afford.

As Facebook explained that finalized in the Team UK businesses to be posted there as well. The major advertisers should be informed next week. The “Financial Times” reported on Friday, citing informed people, the change could Facebook in future pay “millions” to tax more.

 

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