Tuesday, 9 February 2016

taxing question

Facebook: The social media titan paid just £4,327 in corporation tax in 2014, despite reporting UK revenues of £105million.
Apple: The US-based technology firm behind the iPad and the iPhone made £34billion in profit during the year to September 2014.
Experts estimate that the UK accounted for £1.9billion of that profit, but the firm only paid £11.8million in British corporation tax.
Amazon: The online shopping giant took £5.3billion in sales from British shoppers in 2014 but paid just £11.9million in tax after announcing profits of £34.4million.
Starbucks: The coffee chain paid just £8.6million of tax over 14 years between 1998 and 2012 when sales totalled £3billion.
But latest company filings show it paid £8.1million in corporation tax for last year on profits of £34.2million.

Google paid its chief executive more than the £130million it handed to the UK taxman for 10 years of tax bills, it has emerged. 

Sundar Pichai was given shares in the company worth nearly £140million, making him one of the highest-paid directors of any public company in the world
Funny, if google doesn't actually make enough money to pay corporation tax, why is it paying it's chief executive so much money ?

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