Search results
Results from the WOW.Com Content Network
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 company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, [1] pronounced / ˈ iː b ɪ t d ɑː,-b ə-, ˈ ɛ-/ [2]) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base.
SBLC – Stand By Letter of Credit; SCM – Supply Chain Management; SCBA – Social Cost Benefit Analysis; SEBI – Securities and Exchange Board of India; SEC – Securities and Exchange Commission; SEDOL – Stock Exchange Daily Official List; SF – Structured Finance; SG&A – Sales, General, and Administrative expenses
The coming Facebook IPO is making waves in the investment world, as everyone tries to figure out how to make money from the social-media craze. One group of lucky people, however, is almost ...
Facebook has been criticized for electricity usage, [161] tax avoidance, [162] real-name user requirement policies, [163] censorship [164] [165] and its involvement in the United States PRISM surveillance program. [166] According to The Express Tribune, Facebook "avoided billions of dollars in tax using offshore companies". [167]
Tax collection is a necessary part of funding various government programs and services, but there are legal ways to avoid it. Some types of businesses and other organizations are tax-exempt, for...
Continue reading → The post What It Means to Be Tax Exempt appeared first on SmartAsset Blog. You could, however, get out of paying income tax if you're deemed tax-exempt by the Internal Revenue ...
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 ...