Facebook in the UK paid out £ 35 million in employee bonuses and a total of £ 4,327 in tax deductions

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Each employee of the Facebook unit in the UK took home about £ 210,000 in 2014, if you count both salaries and bonuses. At the same time, the company contributed to the treasury of Great Britain in the form of taxes only £ 4,327 in the same year. And this is not a joke, it was really paid only about 4 thousand pounds sterling (approximately $ 6140), writes TheGuadrdian.

According to the documents, Facebook worked at a loss in 2014, ending the year with an operating loss of £ 28.5 million. The loss came after the social network paid about £ 35 million to its 365 employees in the UK. According to the laws of the country, once the company worked at a loss, the tax can be very low - and in the case of Facebook tax payments amounted to less than £ 5000. Company income tax introduced in the UK since 1965.

Such a low amount of tax paid by Facebook, could not get past the UK legislators. Now the government is going to discuss the rules for assessing the economic activities of international corporations in the country in order to prevent a repetition of such situations. After all, Facebook receives hundreds of millions of dollars in revenue a year - only in the UK last year the social network revenue was £ 105 million.
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According to the representative of Facebook, the company continues to increase its presence in the UK and other countries, while all tax deductions are made in full, as required by law.

However, the UK is currently working on laws that help avoid the intentional undervaluation of tax payments by international corporations. There are many ways to do this in any country, and it is clear that the tax authorities do not like it. Currently, Facebook pays the main tax deductions in the United States, where the headquarters of the social network. But British officials believe that the company should pay taxes where it makes a profit. Now the government of the country has already submitted amendments to the tax legislation of the country, which has received the name “Google tax”. These amendments close the possibility for international corporations to use ways to reduce tax payments, in particular, income tax.