News for hackers. Stuff that matters.

A comment on Facebook paid £4,327 corporation tax in the UK in 2014. Parent comment

Re:Facebook paid £4,327 corporation tax in the UK in 2014 by radu_floricica on Monday October 12, 2015 @09:15AM (#10374259)
> Isn't that a tax paid by the employee, not employer

I don't know why people still fall for this. The government may say whatever it wants, but the value of the paycheck is market determined which means taxes are taken from both sides. Unequally, of course, depending on how (in)elastic work supply and demand are.

[ Parent | on HN ]
Re:Facebook paid £4,327 corporation tax in the UK in 2014 by spacecowboy_lon on Monday October 12, 2015 @09:24AM (#10374299)
But of course Starbucks claims VAT back so the net VAT paid to the UK government is not the same as the gross
[ Parent | on HN ]