Facebook is finally forced to face its tax dodging in the UK
Mar04
If you’ve ever been to London for a tech tour, you will have seen the offices of the likes of Facebook, Google and Amazon, but for tax purposes at least, these companies have long denied they do any real business in the UK. Well, that might all be about to change, as in what appears to be an unprecedented move, Facebook has revealed that it is changing its corporate structure so that big advertising deals made in the UK will be taxed in the UK. Facebook paid just £4,327 of UK tax in 2014 using a complicated arrangement with an Irish subsidiary…
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