Breaking News

GIGABYTE Announces the Availability of AORUS GeForce RTX 50 INFINITY Series Graphics Cards LG Electronics Launches LG xboom Blast Party Speaker Intel Gamer Days 2026 Kicking Off with AAA Gaming Bundle - Partnerships CORSAIR Expands Stream Deck Ecosystem with NIGHTSWORD v2 WIRELESS SD Sharkoon announces Rebel P20 Gen2 PSU

logo

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

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Facebook To Pay More British Tax

Facebook To Pay More British Tax

Enterprise & IT Mar 4,2016 0

Facebook on Friday said it would stop booking routing its British sales through Ireland, a practice which reduced its taxes, following the British government's introduction of a new tax on profits shifted offshore. Facebook, Amazon, Google, Apple and other multinationals have been criticized for using complex tax arrangements to drastically reduce their bills.

Facebook said that from April, "U.K. sales made directly by our U.K. team will be booked in the U.K., not Ireland. Facebook U.K. will then record the revenue from these sales."

The company said the change would "provide transparency to Facebook's operations in the U.K."

Google says it complies with all tax rules. The company last month agreed to pay 130 million pounds ($184 million) in UK back taxes and interest and said it would also start to report more revenue in Britain.

The BBC reported that the change would mean the Facebook was set to pay millions of pounds more in tax.

Tags: facebook
Previous Post
AMD Says Async Compute Support Give Radeon GPUs An Advantage Over Nvidia's Offerings In DX12 Gaming
Next Post
Affordable Zidoo X1 II Media Streamer Coming Soon

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

GIGABYTE Announces the Availability of AORUS GeForce RTX 50 INFINITY Series Graphics Cards
GPUs

GIGABYTE Announces the Availability of AORUS GeForce RTX 50 INFINITY Series Graphics Cards

LG Electronics Launches LG xboom Blast Party Speaker
Consumer Electronics

LG Electronics Launches LG xboom Blast Party Speaker

Intel Gamer Days 2026 Kicking Off with AAA Gaming Bundle - Partnerships
GPUs

Intel Gamer Days 2026 Kicking Off with AAA Gaming Bundle - Partnerships

CORSAIR Expands Stream Deck Ecosystem with NIGHTSWORD v2 WIRELESS SD
PC components

CORSAIR Expands Stream Deck Ecosystem with NIGHTSWORD v2 WIRELESS SD

Sharkoon announces  Rebel P20 Gen2 PSU
PC components

Sharkoon announces Rebel P20 Gen2 PSU

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

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

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