[governance] FW: [Dewayne-Net] Facebook paid £2.9m tax on £840m profits

[Roland Perry]

In message <00a001cde14d$204533f0$60cf9bd0$@gmail.com>, at 12:36:02 on 
Sun, 23 Dec 2012, michael gurstein <gurstein at gmail.com> writes

>A Facebook spokeswoman said: "Facebook complies with all relevant
>corporate regulations including those related to filing company
>reports and taxation."

It's taken a long time for legal tax avoidance schemes to become a 
political hot potato [several other companies have done it in plain 
sight for a generation]. But the genie is out of the bottle now.

(Apologies for the profuse metaphors).

>The company added that it chose to base its international
>headquarters in Ireland as it was the "best location to hire
>staff with the right skills to run a multilingual hi-tech operation
>serving the whole of Europe".

Which is true. Many well-known technology companies have based 
themselves in Ireland and tapped the same talent (much of it
immigrant, not that it's a bad thing). Dell, Intel, Apple etc.
-- 
Roland Perry

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