Posted on Jan 31, 2016
Facebook’s 4% tax rate stokes avoidance row | The Sunday Times
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4% tax facebook? Really?! PO2 Ed C. COL Mikel J. Burroughs SMSgt Minister Gerald A. Thomas
Facebook’s 4% tax rate stokes avoidance row | The Sunday Times
Posted from thesundaytimes.co.uk
Business
Taxes
Law
Posted >1 y ago
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CPO Tim Dickey
Correct, their still growing their company. So like Amazon and Google, their profits are offset by the other investments in core infrastructure and realty. That said, they are still off-shoring much of the business for the purpose of paying less taxes in the U.S. The truth about our corporate tax rate is that it is time for us to lower it in addition to simplifying our personal income tax structure.
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CPO Tim Dickey That 4% is very nice - add an extra 4% to that and FaceBook could be helping the entire United States with fixing homelessness for veterans and the rest of the population. If you are a stockholder you have to be very happy with the performance! LOL!
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