Facebook’s decision to allow staff work from abroad won’t alter its tax status in Ireland, the social media company said after it opened remote work to people at all levels of the organisation. Asked whether such moves would lead to corporation tax issues if a large portion of its workforce was no longer based in Ireland, Facebook said it still wanted to grow its Irish operation. There was already cross border remote work between Ireland and the UK prior to Thursday’s announcement. “Revenue administer corporation tax on a self-assessment basis, monitored by risk-focused compliance interventions,” the tax authority said. Generally, an employee working from home in another jurisdiction wouldn’t create a presence for corporate tax purposes in that jurisdiction.”

Source: The Irish Times June 11, 2021 05:21 UTC