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Tag Archives: haven

Facebook will start paying more tax in the UK

Facebook, like other major tech firms in the UK is often accused of paying far too little corporation tax. In 2014, despite making more than £840 million through UK advertising sales, it paid just £4,300 for the entire year. That's set to change moving forward, as Facebook is changing its …

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Facebook founder flees the country to avoid tax

Knowing that you're about to pocket close to $4 Billion, what self-respecting Harvard man wouldn't consider getting the fastest plane out of the US of A, leaving his passport behind and claiming to be Singaporean?  Reports out of the States seem to indicate that Eduardo Saverin is heading East as …

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