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Topic: Facebook faces tax avoidance accusations (Read 264 times)

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Zichain
October 11, 2015, 08:12:42 AM
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The UK staff of social media network Facebook took home an average of £210,000 in pay and bonuses last year, leading it to file a £28.5m loss and paying less than a £5,000 in tax. It doled out shares worth £35.4m to its 362 London staff that led to an accounting loss of £28.5m during the period, according to the company's official figures, as questions still linger over tax avoidance by online companies.

Ibtimes article . http://www.ibtimes.co.uk/facebook-faces-tax-avoidance-accusations-after-paying-4327-tax-2014-video-1523470
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