Facebook pulled in over $420 million from sales in Australia in 2018, but paid roughly 2% of that in taxes

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Facebook raked in over $420 million in sales in Australia last year, but paid just $8.3 million in taxes — roughly 2% — to Australia's tax authority. According to the Facebook's tax returns, seen by the Sydney Morning Herald, the company paid $AU455 million ...

from Google Alert - Business http://bit.ly/2UOi68z
Facebook raked in over $420 million in sales in Australia last year, but paid just $8.3 million in taxes — roughly 2% — to Australia's tax authority. According to the Facebook's tax returns, seen by the Sydney Morning Herald, the company paid $AU455 million ... https://ift.tt/eA8V8J

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