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by ac1294
3905 days ago
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The £4,327 tax is only talking about the UK subsidiary, right? Because from their income statement [1], they paid $1.97B in income tax on $4.91B income before tax for a rate of 40.12%. I might be misinterpreting something, but I think we should be careful to accuse them of abusing loopholes if they're still paying such a high rate overall. [1] http://finance.yahoo.com/q/is?s=FB&annual |
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