Facebook Set to Pay More British Tax After Criticism

Advertisement
By Associated Press | Updated: 4 March 2016 16:24 IST
Social media giant Facebook, which has been under fire in Britain for its tax arrangements, says it will stop routing its British sales through Ireland - a practice that had kept its UK tax bill extremely low.

Facebook, Amazon and other multinationals have been criticized for using complex tax arrangements to drastically reduce their bills.

Facebook said in a statement Friday that from April, "UK sales made directly by our UK team will be booked in the UK, not Ireland. Facebook UK will then record the revenue from these sales."

Advertisement

The company said the change would "provide transparency to Facebook's operations in the UK."

Facebook paid just GBP 4,327 ($6,116) in corporation tax in 2014 in Britain, one of its biggest markets outside the United States.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Facebook, Social
Advertisement

Related Stories

Popular Mobile Brands
  1. Vivo T5 Pro vs Oppo A6 Pro vs Lava Agni 4: Know What Is the Difference
  2. Ustaad Bhagat Singh OTT Release, Plot, Cast & Review: All You Need to Know
  1. Small NASA Satellite Could Reveal How Lightning Impacts Space Weather
  2. Piece by Piece: Pharrell Williams’ LEGO Documentary Now Streaming on Netflix
  3. Ustaad Bhagat Singh OTT Release: When & Where to Watch Pawan Kalyan’s Telugu Film Online
  4. Battleground Season 2 Now on OTT: Know Where to Watch This Ultimate Fitness Reality Show Online
  5. Apne Paraye Out on OTT: Know Where to Watch This Hindi Dub of Bengali Drama Series
  6. Scientists Just Created the Largest 3D Map of the Universe Ever to Study Dark Energy
  7. Honor 600 Pro and Honor 600 Key Specifications, Features Revealed via Official Listing
  8. Ethereum NFT Platform Shuts Down After Blacklove Sale Falls Through
  9. Vivo X300 FE Storage Options Leaked Alongside Live Image With Telephoto Extender Kit
  10. Indian Smartphone Shipments Dropped to Six-Year Low in Q1 2026 as Vivo Topped Market, Nothing Led Growth: Counterpoint
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.