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P2B – Platform to Business [12] PA – Purchasing agent or Personal Assistant; PA – Promotional Activity [citation needed] PAT – Profit After Tax; PBT – Profit Before Tax; P/E – Price-to-earnings ratio; PE – Private Equity; PEG – Price-to-earnings growth ratio; PHEK – Planherstellungskosten (Product Planning cost) PFI ...
The U.S. Tax Cuts and Jobs Act of 2017 changed Facebook's global tax calculations. Meta Platforms Ireland is subject to the U.S. GILTI tax of 10.5% on global intangible profits (i.e. Irish profits). On the basis that Meta Platforms Ireland Limited is paying some tax, the effective minimum US tax for Facebook Ireland will be circa 11%.
A poll tax, also called a per capita tax, or capitation tax, is a tax that levies a set amount per individual. It is an example of the concept of fixed tax. One of the earliest taxes mentioned in the Bible of a half-shekel per annum from each adult Jew (Ex. 30:11–16) was a form of the poll tax. Poll taxes are administratively cheap because ...
On March 25, Facebook published a statement by Zuckerberg in major UK and US newspapers apologizing over a "breach of trust". [222] You may have heard about a quiz app built by a university researcher that leaked Facebook data of millions of people in 2014. This was a breach of trust, and I'm sorry we didn't do more at the time.
Revenues, profits, tax and effective tax rates, Facebook Inc. 2013–2015. [170] Revenue (m EUR) EBT (m EUR) Tax (m EUR) Tax / EBT Tax / Revenue Total EU Rest of the world Total EU Rest of the world Total EU Rest of the world Total EU Rest of the world Total EU Rest of the world Facebook Inc. 2013: 5,720 3,069 2,651 2,001 (4) 2,005 911 3 908 46 ...
The Common Reporting Standard (CRS) is an information standard for the Automatic Exchange Of Information (AEOI) regarding financial accounts on a global level, between tax authorities, which the Organisation for Economic Co-operation and Development (OECD) developed in 2014. Its purpose is to combat tax evasion.
What does ‘stand on business’ mean? Once upon a time, elders used to encourage young people to “keep their word.” Now, the new generation of adults is encouraging everyone to “stand on ...
The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.