Breaking News

Nikon releases the Z5IIC full-frame mirrorless camera Announcing the New ASUS Googlebook 14 Razer Unveils Kiyo V2 Pro 4K Webcam Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability Hollyland Introduces LARK M3 Wireless Audio System

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Facebook to Book Advertising Revenue Locally Following  Pressure

Facebook to Book Advertising Revenue Locally Following Pressure

Enterprise & IT Dec 12,2017 0

Facebook has decided to move to a local selling structure in countries where the company has an office to support sales to local advertisers.

In simple terms, this means that advertising revenue supported by Facebook's local teams will no longer be recorded by its international headquarters in Dublin.

"We believe that moving to a local selling structure will provide more transparency to governments and policy makers around the world who have called for greater visibility over the revenue associated with locally supported sales in their countries," said Dave Wehner, Facebook's Chief Financial Officer.

"It is our expectation that we will make this change in countries where we have a local office supporting advertisers in that country. We plan to implement this change throughout 2018, with the goal of completing all offices by the first half of 2019," Wehner added.

Facebook's headquarters in Menlo Park, California, will continue to be its US headquarters and the company's offices in Dublin will continue to be the site of Facebok's international headquarters.

Corporate taxation has become a ho topic in the wake of revelations of tax avoidance schemes by multinationals which have led to calls for companies to pay more tax while Europe has begun exploring options for taxing digital giants.

The European Commission is working on legislative proposals, expected in March, to increase taxes on multinational digital companies, who are accused of paying too little in the EU by booking profits in low tax countries where they have their EU headquarters, like Ireland and Luxembourg.

Tags: facebook
Previous Post
Tsinghua to Invest in China-based Lite-On Storage Plant
Next Post
New Radeon Software Adrenalin Edition Provides Amped-Up Connected Gaming

Related Posts

  • EU Privacy Watchdog Accused of Delaying Probe Procedures Against Facebook

  • Zuckerberg Says Remote Work is Here to Stay

  • Facebook to Launch New Shopping Feature Across Apps

  • EU Tech Chief Demands More From Facebook Regarding Business Practices

  • Facebook Buys GIPHY as Part of Instagram Team

  • Facebook Works With Telecoms on 2Africa Subsea Cable for Future Internet Connectivity

  • Facebook Reports Increased Number of Removals of Hate speech, Terrorism

  • Facebook Users Accept $550 Million Privacy Deal Over Facebook's “Tag Suggestions”

Latest News

Nikon releases the Z5IIC full-frame mirrorless camera
Cameras

Nikon releases the Z5IIC full-frame mirrorless camera

Announcing the New ASUS Googlebook 14
Enterprise & IT

Announcing the New ASUS Googlebook 14

Razer Unveils Kiyo V2 Pro 4K Webcam
Consumer Electronics

Razer Unveils Kiyo V2 Pro 4K Webcam

Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability
Enterprise & IT

Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability

Hollyland Introduces LARK M3 Wireless Audio System
Cameras

Hollyland Introduces LARK M3 Wireless Audio System

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

SoundPeats C30

SoundPeats C30

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed