How much tax should Facebook have paid?
Who knows? I don’t. All we know is that right now we have a tax system that lets it get away with paying very little tax and accounting standards that do not require that it properly explain why this is the case.
Blame the company and blame the accountants by all means. But really this is all about the politics of power, and our politicians are letting accountants and companies get away with this by deliberately letting them leave us in the dark. So it is Westminster that has to carry the blame. The real questions are, then, why are our politicians doing this, what is it they don’t want us to know, and why?
After all, Facebook doesn’t know how much tax the man in the shed paid, does it?