Facebook Gets $429 Million Tax Refund

Sunday, 17 February 2013?(5 hours ago)

Based on a report from Citizens for Tax Justice (CTJ), Facebook will receive a $429 million tax refund this year. With over one billion users worldwide, the company reported nearly $1.1 billion in pre-tax profits from 2012. The refunds are mainly due to the company?s use of a single tax break ? tax deductibility of [...]

Facebook Gets $429 Million Tax Refund is a post from: The Inquisitr

Source: http://www.onenewspage.com/n/Technology/74vpdkww6/Facebook-Gets-429-Million-Tax-Refund.htm

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