UK lawmakers say Facebook may have broken tax rules


  • TECH
  • Monday, 07 Mar 2016

Growing momentum: Labour MP Nick Smith said the UK tax authority, Her Majesty's Revenue and Customs (HMRC), should have challenged Facebook's arrangement before now.

LONDON: Facebook said it would ditch a corporate structure that helps minimise its UK tax bill, prompting lawmakers and campaigners to ask whether the arrangement had ever complied with UK tax rules. 

Facebook said on March 4 it would stop booking sales to major UK clients via an Irish subsidiary and in future report sales agreed by UK staff in Britain. 

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