Facebook UK pays just £5.1m in corporation tax despite jump in profit

Facebook UK pays just £5.1m in corporation tax despite jump in profit

7 years ago
Anonymous $wKBR2uNMvM

https://www.theguardian.com/technology/2017/oct/04/facebook-uk-corporation-tax-profit

Social network’s British revenues nearly quadruple on the back of climbing advertising sales

Facebook’s UK operations paid just £5.1m in corporation tax last year, despite a jump in profit and revenues nearly quadrupling on the back of climbing advertising sales.

Facebook UK pays just £5.1m in corporation tax despite jump in profit

Oct 4, 2017, 11:23am UTC
https://www.theguardian.com/technology/2017/oct/04/facebook-uk-corporation-tax-profit >Social network’s British revenues nearly quadruple on the back of climbing advertising sales >Facebook’s UK operations paid just £5.1m in corporation tax last year, despite a jump in profit and revenues nearly quadrupling on the back of climbing advertising sales.