Monday, February 25, 2013

Behind Facebook's tax bill                                                 2/25/13
A tax group says Facebook, which made $1 billion in U.S. profit before taxes last year, will pay no U.S. income tax for 2012. Tax experts say that could possibly be true and if so, it's perfectly legal . Citizens for Tax Justice, the advocacy group, says Facebook will receive a tax refund of nearly $430 million as a result of those options.

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