Saturday, February 16, 2013

Facebook Gets a Multibillion-Dollar Tax Break - Businessweek

 

Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probably pay zero federal and state taxes—and even receive a federal tax refund of about $429 million—according to a Feb. 14 statement from Citizens for Tax Justice.

Facebook Gets a Multibillion-Dollar Tax Break - Businessweek

No comments: