The Hacker News
A Facebook spokesman stated French tax authorities carried out an audit on Facebook’s accounts over period, which resulted in an agreement by the subsidiary to pay a total 106 million euros. Facebook’s spokesman also mentioned that since 2018 the corporate had determined to incorporate its advertising sales in France in its annual accounts overlaying France. Facebook France, which employs 208 individuals, refers to the French tax audit report in its 2019 annual accounts, saying it amounted to a tax adjustment of about 105 million euros.
This includes a penalty of about 22 million, the annual accounts confirmed. The app also uses PKCS #1, an outdated way of encoding and formatting messages in order that they can be encrypted with the RSA cryptographic algorithm...
Read More