Facebook says it has paid more than $11 billion globally in income tax over the past three years and that its effective tax rate over the last five years exceeds 20 percent.
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Unknown title by the social network. But it noted that these assets were repatriated in July in a move which "best aligns corporate structure with where we expect to have most of our activities and people." <span>Facebook says it has paid more than $11 billion globally in income tax over the past three years and that its effective tax rate over the last five years exceeds 20 percent. Also Read | Facebook's EU-US data transfer mechanism 'cannot be used', Irish regulator says The news comes amid stalled negotiations on a new global tax treaty which would allocate prof Summary
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