Meta Platforms Reveals First Foreign Corporate Tax Bills (1)

Meta Platforms Inc. paid Ireland $567 million in income taxes last year, the group revealed as it made its first-ever disclosures about how much corporate tax it pays in countries outside the US.

The tech giant told investors for the first time in its 10-K annual report, published late Jan. 28, how much tax it pays in the US, Brazil, India, and Ireland as part of new financial accounting requirements passed in 2023.

Meta also disclosed it had paid income taxes of $884 million in Brazil and $652 million in India last year. Total cash paid for income taxes ...