The £4,327 tax is only talking about the UK subsidiary, right? Because from their income statement [1], they paid $1.97B in income tax on $4.91B income before tax for a rate of 40.12%.<p>I might be misinterpreting something, but I think we should be careful to accuse them of abusing loopholes if they&#x27;re still paying such a high rate overall.<p>[1] <a href="http:&#x2F;&#x2F;finance.yahoo.com&#x2F;q&#x2F;is?s=FB&amp;annual" rel="nofollow">http:&#x2F;&#x2F;finance.yahoo.com&#x2F;q&#x2F;is?s=FB&amp;annual</a>