Facebook may pay more UK tax in accounting change
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
FACEBOOK has announced that it would change its relationship status with the British tax authorities amid growing anger across Europe about the US technology giants' aggressive accounting practices.
The company announced that it would soon alter how it paid tax in Britain, potentially leading to the company paying millions of dollars more on its operations in the country.
Share with us your feedback on BT's products and services
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Costly renewals: Transforming an old landed house into your dream home is getting harder
