Facebook UK: Much Bonus, Little Tax

Facebook UK paid out a ton of staff bonuses last year. Taxes? not so much. “Facebook made an accounting loss of £28.5m in Britain in 2014, after paying out more than £35m to its 362 staff in a share bonus scheme, according to the unit’s latest published accounts. Operating at a loss meant that Facebook was able to pay less than £5,000 in corporation tax to HM Revenue for the year.”

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