Facebook agrees to pay millions more in UK tax

  04 March 2016    Read: 711
Facebook agrees to pay millions more in UK tax
The BBC reports that income from its largest advertisers will now be taxed in the UK after the company announced stopping routing profits through Ireland.
The profits will now be subject to corporation tax, of which it paid just £4,327 in 2014.

Changes will reportedly be put in place in April, with the first, new tax bill to be paid in 2017.

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