According to company documents quoted by the London Times, Facebook has begun to liquidate several Irish holding companies, which saved a lot of tax by allowing it to transfer billions of dollars of profits to Ireland, where taxes are light. The Irish companies are used to hold their intellectual property rights for international sales, and Facebook companies around the world will pay royalties to these companies, thus transferring most of the sales outside the United States, the paper said. < / P > < p > according to the newspaper, Facebook’s main Irish holding company paid $101 million in taxes on profits of more than $15 billion in 2018, the last year on record. < / P > < p > after the U.S. tax department sued Facebook, Facebook began to stop the actions of these units. Tax inspectors said that the social media company transferred funds through Ireland to evade U.S. taxes, and Facebook also remitted billions of euros of money saved due to the transfer profits back from Ireland to the United States, all of which are well documented. < / P > < p > & quot; intellectual property licenses related to our international business have been sent back to the United States, & quot; Facebook said in a statement to the media. &This change, which took effect in July this year, will best align the company’s structure with the location of most of our expected activities and people. We believe that this is consistent with the recent and upcoming tax changes that policy makers are advocating on a global scale. "Global Tech