Linkedin X-twitter
Search

+44 (0)20 7722 1221

[email protected]

VIEW OPPORTUNITIES

SHARE

Facebook Looks For Larger Credit Line To Cover Tax Costs

Facebook Inc, the social network site, has planned to increase its US$2.5bn credit line, in order to cover the costs of tax when many employees’ stock awards vest after the company goes public. Facebook will face billions of dollars of tax charges and may follow the likes of Zynga, who faced similar problems recently, in increasing its credit line to cover the costs.
Read the full article.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.