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From the article: > According to the Sunday Times, eBay had sales of £789m during 2010 in the UK at its four British subsidiaries. Using its worldwide profit m
by surrealize 14y ago
From the article:
> According to the Sunday Times, eBay had sales of £789m during 2010 in the UK at its four British subsidiaries. Using its worldwide profit margin of 23%, it would have made a profit in the UK of £181m, leading to corporation tax owed of £51m.
That's making a pretty big assumption, that Ebay's UK profit margin is the same as its worldwide profit margin.
- jammmuel 14y agoWhy? I doubt it's an order of magnitude out.