Facebook Pays No Corporation Tax Again
According to Private Eye the recently published UK accounts of Facebook show that it is still paying no corporation tax in the UK. It avoids tax by routing its sales through Ireland.In market capitalisation terms this is one of the largest companies in the world and it has a significant presence in this country but makes zero contribution to roads, hospitals, schools etc.On the advice of a tech savvy friend I don't use Facebook. He says that they are just as fast and loose with privacy restrictions as they are with the tax laws.
David Parker ● 3800d0 Comments