Snap Makes U.K. Tax Hub as Part of International Expansion
- Messaging app maker is adding staff and office space in London
- Snap will pay U.K. taxes on sales from some non-U.S. countries
Snap Names London Its International Headquarters
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Snap Inc., the Los Angeles-based maker of the popular Snapchat messaging app, named London as its international headquarters and said it will pay U.K. taxes on sales booked in some overseas markets.
Snap, which has been prepping for an initial public offering, has been adding office space in London’s Soho neighborhood to accommodate the roughly 75 employees it has in the city, up from six last year.