That significantly boosted revenue and profits for its UK business.
The two maritime airports of Varna and Burgas are expected to meet 5 million passengers this year. 2 million at Varna Airport and 3 million…129 Views | the publication reaches you by | Bulgarian Business Club
EU authorities are pursuing global technology companies over what they see as unfair avoidance of tax in the countries where they have most customers by routing business through lower tax jurisdictions.
In the UK, there was outrage after it transpired that, despite a fast-growing commercial presence in Britain, Facebook had paid just £4,327 in tax in 2014.
In 2015, the government introduced a “diverted profits” tax, a higher rate of corporation tax aimed at companies that use “contrived” structures to move profits out of the country.
Facebook paid a significantly higher tax bill in 2015 and, since then, has changed the way it books its revenues for the UK.
Trading is highly popular with several people, whether this is on a global scale or a much smaller…90 Views | the publication reaches you by | Bulgarian Business Club
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