Correction to Facebook Overseas Tax Story

Features Dow Jones Newswires

Facebook saw its tax payments in the U.K. increase fourfold and its tax bill rise 22% after changing how it books revenue there. 'Facebook to Give Countries a Chance to Tax Its Profits from Local Ads,' at 1442 EST, incorrectly said Google's numbers had risen that much, in the last paragraph.

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(END) Dow Jones Newswires

December 12, 2017 17:08 ET (22:08 GMT)