Powered by Blogger.

Multimedia Updates

Ads

Video

Tuesday, October 13, 2015

Facebook only paid £4,327(Ksh686,085) in UK corporation tax 2014

Reports show that social media giant Facebook only paid $6,643 (Ksh686085.72) in Corporation tax last year.

Recent reports show that the company made a pre-tax loss amounting to £28.5m. However, it also compensated its 362 staff employed in the UK a total of £35.4 million in share bonus.


What this means is that Facebook's Corporate tax  for the year 2014 was less than the average amount that
  • Blogger Comments
  • Facebook Comments
Item Reviewed: Facebook only paid £4,327(Ksh686,085) in UK corporation tax 2014 Rating: 5 Reviewed By: Anonymous