Facebook is to award bonuses of £280 million ($396 million) to its U.K.-based staff over the next three years in a bid to offset the amount of tax it has to pay to the U.K. Treasury.
Each employee will receive an average of £775,000 ($1.1 million), which Facebook will list as a taxable expense.
Each employee will receive an average of £775,000 ($1.1 million), which Facebook will list as a taxable expense.