1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

News Facebook to start paying more tax, claims BBC

Discussion in 'Article Discussion' started by Gareth Halfacree, 4 Mar 2016.

  1. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,007
    Likes Received:
    2,127
  2. Flibblebot

    Flibblebot Smile with me

    Joined:
    19 Apr 2005
    Posts:
    4,658
    Likes Received:
    152
    It's not all of their revenue, though - only the advertising generated by sales teams in the UK. Advertising costs made by smaller business booked through the website will still go through Ireland.

    The real question is which number is higher: the sales team revenue from a few large clients, or the website revenue from thousands of small clients...?
     
  3. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,007
    Likes Received:
    2,127
    True, but it's got to be better than £5,000 for a year. Christ, *I* pay more than £5,000 in income tax a year!
     
  4. Cerberus90

    Cerberus90 Car Spannerer

    Joined:
    23 Apr 2009
    Posts:
    7,533
    Likes Received:
    136
    Really does show just how broken things are, :D.

    I know absolutely nothing about taxes, but a quick google which suggests Facebook paid 4% on global taxes, I assume means it's not just the UK they're shafting. No wonder the world is in such a state, :D
     
  5. IonKnight

    IonKnight New Member

    Joined:
    17 Jun 2011
    Posts:
    16
    Likes Received:
    1
    Annoying thing is if we think about most of us pay more than the £5k they provided in tax hell I could pay there tax bill twice.
     
  6. SexyHyde

    SexyHyde Member

    Joined:
    24 Jul 2009
    Posts:
    609
    Likes Received:
    11
    I'm not impressed. I prefer Google that just own the avoidance, and use that money for good. These loopholes need closing, not media to pressure the most popular companies to pay more, but everyone to pay. The fact that most of us paid more tax than a multi billion dollar company is a joke.
     
  7. iggy

    iggy Active Member

    Joined:
    24 Jun 2002
    Posts:
    1,021
    Likes Received:
    11
    Iran seems to have the right idea about corporate tax avoidance.
     

Share This Page