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How Facebook Pays Less Tax than You - Legally

Facebook, one of the most valuable companies in the world, is insisting it is legally compliant after paying less than £5,000 in corporation tax last year - less than many of us pay in income tax. The average salary in the UK is £26,500, which results in an income tax and National Insurance contributions bill of £5,392. So how is Facebook managing to earn so much and contribute so little?

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