Re: RE: Re: Facebook Account

On 8/18/2024 6:35 PM, cyclintom wrote:

On Sun Aug 18 12:51:35 2024 Jeff Liebermann  wrote:

On Sun, 18 Aug 2024 14:45:06 GMT, cyclintom <cyclintom@yahoo.com>
wrote:
>

As usual you work overtime to show what an incompetent fool you are. Facebook is nothing more than social media in other countries but their INCOME is taxed here in the US and with loss of their tax exempt status, and the federal government and Gavin Loathsome looking for ANY source of income to try and offset the billions of deficit spending they could be pinioned to a post.

>
You didn't seem to have read or are able to understand what I wrote.
501(c)(3) registered organizations are those recognized by the IRS as
charities who may receive tax deductible contributions from
individuals or companies.  Facebook is not a charity.
>
"Do Facebook and Google pay taxes to foreign governments for the
profit they make in their countries?"
<https://www.quora.com/Do-Facebook-and-Google-pay-taxes-to-foreign-governments-for-the-profit-they-make-in-their-countries>
"I can answer for Europe. Google & Facebook pay taxes in Ireland. A
lot of EU countries are trying to contest the matter in court and
charge them overdue taxes in their own countries but I don?t have
final insights on whether they succeeded."
>
Here's a short list of countries where Facebook pays collects and/or
pays taxes:
<https://developers.facebook.com/docs/payments/reference/taxes/other_regions_countries/>
>
Note that Facebook/Meta users also pay EU VAT taxes:
<https://www.facebook.com/business/help/155641834501332>
<https://www.facebook.com/business/help/133076073434794>
I'm not sure what happens when you sell something on Facebook
Marketplace with your UK based Facebook account:
"If you're not purchasing Meta ads for a business purpose but rather a
private non-business purpose; we apply VAT to the cost of your Meta ad
purchase at the applicable local tax rate."
In other words, you pay your UK taxes to Meta, which then pays the UK
taxing authority.  Notice that the US is not involved.
>

Only some worthless person on welfare could possibly not understand tax implications.

>
Only a compulsive liar would post wrong information without doing a
simple online fact check.  This one took about 5 min to demonstrate
the problem.
>
>
>
-- Jeff Liebermann                 jeffl@cruzio.com
PO Box 272      http://www.LearnByDestroying.com
Ben Lomond CA 95005-0272
Skype: JeffLiebermann      AE6KS    831-336-2558

    You know, the reason you're on welfare is that you don't know one thing about money.

tell us about you "bullet proof" stock funds again?

It isn't even worth talking to you because you're just too stupid and you will say ANYTHING.

including a post where you don't address any of the issues at hand?

You don't know anything about taxes because you.ve never made enough to pay any,

at least he didn't remarry a woman that stole all his money

So shut up about things you know nothiner about.

take your own advice