Facebook UK pays £29m corporation tax despite record £3.3bn sales
by Mark Sweney from Technology | The Guardian on (#64EVY)
Advertising revenue surged last year at social media firm where average staff pay rose to 262,000
Facebook's UK operations paid 29m in corporation tax last year despite reporting a record 3.3bn in sales, while its average staff pay rose to 262,000.
The social media company's latest accounts for its London-based arm showed gross income from advertisers surged by more than 37% last year from 2.4bn to 3.3bn.
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