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Twitter's Minute UK Profit Filing Draws Attention - Ire Likely Next

2013-07-09 00:43:33| TechNewsWorld

Don't be surprised if this becomes a thing. Twitter's "retained profits" last year in the UK came to just Pounds 92,408 -- about $137,500. Some in Britain speculate that the piddly amount reflects some clever accounting, namely routing revenue through Ireland, where tax rates are much lower. If that's the case, then the UK is unlikely to let it slide.

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