from the dailymail.com:
"Zuckerberg talked in his letter of creating stronger communities. Yet Facebook, like too many technology behemoths, is a serial tax avoider....
..
Last year, this all-conquering social media firm handed over just £4,327 in corporation tax in this country(UK): less than the annual sum paid in tax by the average worker.
Yet its staff in Britain took home an average £210,000 each in pay and bonuses, safe in the security of a society that relies on public servants to protect them from terror, provide health care in hospitals and repair the roads on which they travel to work.
The Facebook founder has hailed Bill Gates as his hero — the world’s richest man, who has been revered as something close to a secular saint after promising to give away the bulk of his £57 billion fortune.
But Gates became rich from a company that was even used as a case study for a U.S. Senate inquiry into tax avoidance.
Microsoft was accused of avoiding paying £3 billion annually in tax by shifting earnings around between low-tax nations. In Britain alone, it reported £1.7 billion revenues in one year for online sales of software, on which it paid no corporation tax. Zilch.
Gates even has the gall to tour the world telling governments to take more and more money from taxpayers for his beloved foreign aid programmes, once even branding those who oppose such policies as ‘evil’....
...Larry Ellison, chairman of Californian technology giant Oracle, is the world’s ninth richest person. He has also promised to give away much of his money — yet his firm was among those attacked for ‘industrial scale’ tax avoidance by Parliament.
Google has a company motto proclaiming: ‘Don’t Be Evil.’ Yet far from being a paragon of virtue, a new tax designed by Chancellor George Osborne to discourage multi-national giants from diverting profits to avoid tax was named after the firm....."
Read more: http://www.dailymail.co.uk/debate/a...ct-charity-reeks-hypocrisy.html#ixzz3tIlUi2Ra
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"Zuckerberg talked in his letter of creating stronger communities. Yet Facebook, like too many technology behemoths, is a serial tax avoider....
..
Last year, this all-conquering social media firm handed over just £4,327 in corporation tax in this country(UK): less than the annual sum paid in tax by the average worker.
Yet its staff in Britain took home an average £210,000 each in pay and bonuses, safe in the security of a society that relies on public servants to protect them from terror, provide health care in hospitals and repair the roads on which they travel to work.
The Facebook founder has hailed Bill Gates as his hero — the world’s richest man, who has been revered as something close to a secular saint after promising to give away the bulk of his £57 billion fortune.
But Gates became rich from a company that was even used as a case study for a U.S. Senate inquiry into tax avoidance.
Microsoft was accused of avoiding paying £3 billion annually in tax by shifting earnings around between low-tax nations. In Britain alone, it reported £1.7 billion revenues in one year for online sales of software, on which it paid no corporation tax. Zilch.
Gates even has the gall to tour the world telling governments to take more and more money from taxpayers for his beloved foreign aid programmes, once even branding those who oppose such policies as ‘evil’....
...Larry Ellison, chairman of Californian technology giant Oracle, is the world’s ninth richest person. He has also promised to give away much of his money — yet his firm was among those attacked for ‘industrial scale’ tax avoidance by Parliament.
Google has a company motto proclaiming: ‘Don’t Be Evil.’ Yet far from being a paragon of virtue, a new tax designed by Chancellor George Osborne to discourage multi-national giants from diverting profits to avoid tax was named after the firm....."
Read more: http://www.dailymail.co.uk/debate/a...ct-charity-reeks-hypocrisy.html#ixzz3tIlUi2Ra
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