DUBLIN: Facebook paid $5.18 million (£4.17 million, 4.63 million euros) in British corporation tax last year, up from just £4,327 in 2014, accounts showed on Sunday.
The sharp increase reflects how the US technology giant has changed the way it records advertising revenues following public criticism.
It began declaring sales from its top British clients in Britain rather than Ireland, where it has its European headquarters — and where corporation tax is lower.
LAHORE: The Punjab government has started revising property valuation rates across multiple districts in an effort to attract foreign investment,...
LAHORE: The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to immediately instruct its field...
LAHORE: The Federal Tax Ombudsman (FTO) has dismissed a complaint involving alleged tax evasion of over Rs70 million, reiterating that...
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a waiver of penalties and default surcharge on tax liabilities amounting...
