‘Double Irish’ limits Facebook’s tax bill to €1.9m in Ireland
A Dublin-based company at the heart of Facebook’s international tax structure used a complex tax avoidance scheme to limit its Irish corporation tax bill to €1.9m last year, despite generating turnover of €1.79bn.
5 Dec 2013 ... Facebook Ireland Limited, which employed 382 people in Dublin, generated a gross profit worth €1.75bn in the year to the end of December ...