Facebook changes tax structure to start billing ad sales locally

Tuesday 12 December 2017 | 16:54 CET | News
Facebook announced plans to change the way it sells advertising and to start booking revenues locally, where the sale takes place, rather than at its international headquarters in Ireland. The move follows pressure from several European governments for the social network to start paying local income and value-added taxes on the services it sells. 

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Categories: Internet
Companies: Facebook
Countries: World
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