Facebook makes an annual $4 billion in profits, but has yet to release figures as to its U.K.-specific earnings. The new tax blow is all the more frustrating for the British government after data emerged recently to show that the Treasury pays more to Facebook for advertising placement than it receives in taxes from the Silicon Valley giant.
http://www.nbcnews.com/tech/tech-news/facebook-pay-1m-bonuses-u-k-staffers-cut-tax-bill-n533161
Why are they even advertising on FB?
http://www.nbcnews.com/tech/tech-news/facebook-pay-1m-bonuses-u-k-staffers-cut-tax-bill-n533161
Why are they even advertising on FB?