Facebook to pay more UK Corporation Tax

Facebook has announced it will book major UK sales in the UK, rather than Ireland – and thus pay much more UK corporation tax (than the £4,327.00 it paid in 2014!)

This looks like the first major scalp (we can hardly count Google) of Osborne’s new Profits Diversion Tax, which as a deterrent seems to be forcing a re-think from corporates.   As the BBC asks, is the tax tide beginning to turn?


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s