What do we want? Tax reform. When do we want it? NOW!
From Gawker...
Facebook Will Pay No Taxes, Get Huge Refund Instead
from Gawker by Max Rivlin-Nadler
Facebook Will Pay No Taxes, Get Huge Refund Instead
During the year it went public, Facebook made $1.1 billion in profits. But thanks to some nifty accounting, the company won't be paying any federal or state taxes on it - instead, it will actually be receiving a federal tax refund of about $429 million.
No comments:
Post a Comment