Facebook U.K. will then record the revenue from these sales.

It said the change would provide transparency to Facebooks operations in the UK.

Our investment in social media is carefully evaluated to ensure we are getting maximum value for the taxpayer.

Facebook agrees to pay millions of pounds more in UK tax

Facebook UK will then record the revenue from these sales.

Nicknamed the Google Tax, the penalty came into effect in April last year.

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source: www.techworm.net