Facebook will pay no tax on $1.1 billion profit; gets refund instead

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18th Feb 13, 05:23 PM

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Facebook will pay no tax on $1.1 billion profit; gets refund instead

It has been revealed that Facebook will get a refund of $500 million on tax payments, despite making $1.1 billion profit in 2012, according to a report by the Citizens for Tax Justice. Read more...

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