In 2014, Facebook spent a mere $6,643 on U.K. taxes—allegedly because the company is not profitable there.
If you live in the U.K., there's a strong possibility you pay more in taxes than Facebook does. Last year, the social networking giant spent just over $6,600 on corporation taxes in the U.K., where it has more than 30 million users and brings in $161 million in sales, according to Quartz. The average U.K. worker, on the other hand, pays almost $8,300 in taxes.
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Published on October 12, 2015 09:55