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General

Snap to operate business in London, not set up HQ

Tuesday 10 January 2017 | 11:29 CET | News
Snap, owner of the Snapchat app, said it has decided to operate its business in London, though it refuted reports it was going to set up its headquarters in the city. The company said it will bill its advertising revenue from the UK (and a few other countries)) through a UK entity. This will enable the company to pay taxes in the UK.

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Categories: General
Companies: Snap / Snapchat
Countries: United Kingdom / World
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