Facebook’s thumbnail taxes down under

Facebook pays tiny tax bill

Nick Sas – The West Australian on May 12, 2016 | Yahoo

Facebook Australia has restructured its local business in the face of the Federal Government’s multinational tax crackdown, as the US giant revealed it paid just $814,000 in tax last year.

The West Australian has obtained the 2015 financial figures of the Australian arm of the social media company, revealing gross revenue of $33.5 million, up from $26.4 million in 2014 — a 26 per cent jump.

More: https://au.news.yahoo.com/thewest/wa/a/31580302/facebook-pays-tiny-tax-bill/

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7 comments on “Facebook’s thumbnail taxes down under

  1. peppermintfarm says:

    Figures FB would pay very little taxes all the while they suppress conservative views.

    Liked by 1 person

    • Bullright says:

      That low tolerance for others sure bites people in the butt..Control, control..

      Liked by 1 person

      • peppermintfarm says:

        Social media is supposed to be about exchanging ideas but FB is no place to go if you’re a conservative because of the control. That’s why I rarely go on there anymore.

        Liked by 1 person

        • Bullright says:

          It sounds like it is a constant fight, if you are a conservative, from those I’ve talked to. I just don’t get the cosmic attraction of it.

          Liked by 1 person

          • peppermintfarm says:

            There are groups where you can join to discuss conservative ideas so that helps, but as far as just being on there to tell someone what you ate for breakfast is a PIA and non-interesting. I only get on to see if I have any msgs. from the Gimp’s friend and look at the pics of my grand kids Peggy puts up.

            Liked by 1 person

  2. Davetherave says:

    Bull they pay little taxes, but F*ckerberg supports all the liberal bull shit. All that bull shit needs a boatload of money, which comes from ridiculous tax rates and borrowing money from China. Just another lib that wants to spend everyone’s money, except his.

    Liked by 2 people

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