Tag Archives: tax credit

Facebook Reports 11 Million GBP UK Tax Credit as Revenues Soar

Facebook said its main UK subsidiary generated an 11-million-pound tax credit in 2015 even as revenues soared, thanks to its tax efficient structure, accounts published on the weekend showed. Analysts say Facebook generates hundreds of millions of dollars in revenue from UK clients each year but until this year all transactions were booked in Ireland,…

http://fortune.com/2016/10/09/facebook-gbp-uk-tax-credit/

Facebook Reports 11 Million GBP UK Tax Credit as Revenues Soar

Facebook said its main UK subsidiary generated an 11-million-pound tax credit in 2015 even as revenues soared, thanks to its tax efficient structure, accounts published on the weekend showed. Analysts say Facebook generates hundreds of millions of dollars in revenue from UK clients each year but until this year all transactions were booked in Ireland,…

http://fortune.com/2016/10/09/facebook-gbp-uk-tax-credit/

Facebook Reports 11 Million GBP UK Tax Credit as Revenues Soar

Facebook said its main UK subsidiary generated an 11-million-pound tax credit in 2015 even as revenues soared, thanks to its tax efficient structure, accounts published on the weekend showed. Analysts say Facebook generates hundreds of millions of dollars in revenue from UK clients each year but until this year all transactions were booked in Ireland,…

http://fortune.com/2016/10/09/facebook-gbp-uk-tax-credit/