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How does Meta manage to pay if “little” of taxes in Belgium?

In addition,

How does meta manage pay:

Meta again leaves its users in front of a thorny dilemma

The income of this mastodon of the GAFAM (grouping of web giants which also includes Google. Similarly, Apple, Amazon and Microsoft, editor’s note) come mainly from advertising (77.85%), then from engineering technical assistance as well as various sales assistance services, marketing.

“SMEs. In addition, which constitute most of its customers, go through the self-service, an automated online management that invoices from Ireland, whose tax heavens are much more lenient”

To have a more precise idea of what these financial data represent, it is necessary to use financial ratios. Therefore, Thus. Therefore, to have a clear idea of the profitability of a company, financial analysts use that of the clear profit margin. Additionally, Therefore, This is the net profit released by the company, how does meta manage pay brought back to its turnover. Therefore, Globally, Meta Platforms announced to its shareholders at the beginning of the year having released a net margin of 37.9% in its financial year 2024. Similarly, In Belgium, however, this assessment is much more contrasting. Moreover, This margin is … Furthermore, only 4.73%. Furthermore, It was even 2.74% in 2023. Meanwhile, How to explain that?

Questions remain unanswered

In reality this financial report has several nebulae. The first question would concern the results present in this audit report. Some analysts point to a minimization of turnover. Xavier Degraux. independent consultant specializing in digital issues who peeled Meta’s accounts, claims that in Belgium, the group would only take into account what it invoices to the big Belgian advertisers via its advertising management. “”SMEs. which constitute most of its customers, go through self-service, that is an automated online management that invoices from Ireland, how does meta manage pay whose tax skies are much more lenient “, he explains, specifying all the same “that there is nothing illegal in there“. Subsequently, a minimization of the company’s income would allow it to pay a lower share of taxes.

If this hypothesis remains to be taken with tweezers both visibility on this kind of financial fact remains opaque. other tracks make it possible to assert, on the bases of the report, that Meta pays much less taxes in Belgium than last year. Please note, this is a proportion. Indeed, although quantitatively speaking, Facebook Belgium pays more taxes (1.9 million euros in 2024 against 1.2 in 2023), brought back to the benefits before taxes and depreciation (EBITDA in financial terms), this ratio decreases more than proportionally. We go from a ratio of 29% tax paid on profits in 2023 to 26% in 2024. Thus, the after tax benefits have almost how does meta manage pay doubled (+79%).

Meta plans to dismiss thousands of “sub-performant” employees

Finally. an challenging subject remains that of the costs of sales specific to the firm. They amount to 102 million (only 12 for its payroll). It is 93% of income. It is arresting especially when you know that the group’s business model is to provide services. especially services selling, marketing and technical assistance in engineering. No big investments or fixed costs to consider therefore. Especially since their European, editor’s note) data center (editor’s note) is in Ireland. “”Facebook continues to limit the official activity perimeter of its subsidiaries. to weigh on their accounts of heavy charges, intended to reduce its tax on profits “comments on this subject Xavier Degraux.

These suspicious practices could be maintained in 2025. in particular by a new policy introduced in January: the “cash pool”, mentioned in the annual report. This method centralizes how does meta manage pay the liquidity of the subsidiaries. making it possible to affect funds to countries with lower taxation and thus reduce global taxation. From a fiscal point of view, cash pooling also has important implications on transfer prices and taxation of intra-group interest. Facebook Belgium could thus move liquidity to courts such as Luxembourg or Ireland, optimizing the group’s tax burden.

How does meta manage pay

Further reading: Will the rain save Formula 1?A national holiday under the sun, before the return of the rainGeorges-Louis go in the free: “Today, Belgium needs a tatcher more than comics who promise magic money”Worrying increase in STIs in Belgium: “The situation is really, very disturbing”The Prince Emmanuel of Belgium who has become DJ? Queen Mathilde confirms.

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