Facebook’s U.K. Corporation Tax Bill in 2013? £0

by David Cohen
Guess how much Facebook paid in U.K. corporation taxes for 2013? Hint: If your guess was a positive number, you were too high. Business Insider reported that according to filings with the U.K.’s Companies House, Facebook continued to (legally) avoid paying U.K. corporation taxes by funneling its U.K. sales through its European headquarters in Ireland, where the corporation tax rate was 12.Read the full article