Facebook accused of being 'morally unacceptable' over tax payments

http://socialnetworkingnews.org/facebook-accused-of-being-morally-unacceptable-over-tax-payments/

Facebook accused of being ‘morally unacceptable’ after it emerged social network paid only £1.8m of tax on almost £2.37bn of advert sales

Facebook paid £1.8million in Irish tax on more than £2.3billion global sales
Social network has been accused of channelling profits through Ireland
This has allowed the company to avoid tax in the UK for two years running
Facebook ‘refused to listen’ to British public by not paying UK tax, MP says
Margaret Hodge called for ‘tough action’ on multinational companies
Chancellor says he will ‘put a stop’ to firms avoiding paying tax in Britain

Source: www.dailymail.co.uk

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