“..Facebook was accused last night of “disingenuous and immoral” tax avoidance -
- after a new analysis of its UK business suggested the social networking giant paid just £238,000 in corporation tax in Britain last year.
Although industry experts estimate the company made £175m in revenue from its UK businesses last year -
- Facebook is able to avoid paying millions in corporation tax by diverting most of its sales via Ireland…”
(cont..)
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Facebook: The antisocial network – Business News – Business – The Independent.
