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Facebook to pay taxes where it earns advertising revenue

Facebook is to change the way it reports its earnings, so that advertising revenue will be booked in the country where it's generated. The move will be a change from the current system, which sees the majority of the social network's international revenue booked in Ireland. It may see the company pay more taxes in over 20 countries. Also today, Netflix is in hot water for poking fun at its users' viewing habits.