Facebook UK Limited accused for tax avoidance

Facebook UK Limited accused for tax avoidance

Facebook paid its UK-based staff an average of £275,000 each in 2011 while contributing just £195,890 to the Treasury, according to accounts filed at Companies House.

Facebook UK Limited declared turnover of £20.4m

Facebook was accused for tax avoidance, UK business suggested the social networking giant paid just £238,000 in corporation tax in Britain last year.Even experts says the company made £175m in revenue from it’s UK businesses last year in 2011. Read More >>

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