The tech giant is changing its tax structure in response to calls for transparency over its locally generated advertising revenue.Industries: New MediaReferenced Companies: (FB) Facebook Inc. (SNL Inst. Key: 4144156)
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Facebook has bowed to global pressure and agreed to stop channeling its ad revenues through Dublin and instead book revenue immediately within the country in which it is earned, following widespread public anger at its opaque tax affairs. The largely symbolic gesture follows claims that global
The social networking giant said the move was in response to pressure from governments and policy makers for greater visibility into sales made in their countries.
Facebook has announced that it will record ad revenues in the countries where they were sold instead of in Dublin at the company's international headquarters. Experts remain skeptical, though. Read more...
AdExchanger | Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. Moore Shady Facebook Ads Alabama residents were being targeted with partisan Facebook ads leading up to Tuesday’s divisive Senate election. And despite tightening its standards around political ad
Facebook Inc. said Tuesday that it will record advertising revenue in countries where it sells ads instead of at its Dublin, Ireland, headquarters. The company said in a blog that it aims to complete the transition by the first half of 2019 and anticipates that it will require significant
Julia Fioretti / Reuters: Facebook says it will start booking ad revenue locally in countries where it has a local office, instead of re-routing it via its international HQ in Dublin — BRUSSELS (Reuters) - Social media giant Facebook said on Tuesday it would start booking advertising revenue
Major tax overhaul to appease govs and regulators Facebook has said it will no longer send advertising revenue through Ireland, and instead pay taxes in the countries where profits are earned.…
Getty Image 2016 was a bad year for Facebook as it struggled to keep up with a tidal wave of fake news and sketchy political advertising. And as it’s tried to contain the problem, mostly what’s happened is revelations that it’s much worse than we thought. Now, problems Facebook claimed were
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