Facebook Ireland pays tax of just €30m on €12.6bn

Facebook Ireland has posted soaring revenues of €12.6bn but the company paid only €30.4m in tax.

Facebook Ireland pays tax of just €30m on €12.6bn
Wed, 29 Nov, 2017 - 07:45

Facebook Ireland has posted soaring revenues of €12.6bn but the company paid only €30.4m in tax.

New accounts show that the 59% jump in revenues helped Facebook Ireland Ltd boost its pre-tax profits by 59% to €174.3m.

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