The NEW Hollywood Video: Facebook Will Pay No Taxes, Get Huge Refund Instead

The NEW Hollywood Video An Entertainment News Curator

Facebook Will Pay No Taxes, Get Huge Refund Instead Feb 17th 2013, 19:00 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. More » The post Facebook Will Pay No Taxes, Get Huge Refund Instead appeared first on The NEW Hollywood Video. You May Also Want To Read: It’s Mark Zuckerberg’s 28th Birthday [Facebook] Boy King Mark Zuckerberg turned 28 today, striking fear and... The Facebook IPO Frenzy Turns Depressing [Bubbles] Perhaps you’ve heard that Facebook is going public this week... Chris Rock Says He’s Down To Pay Higher Taxes Chris Rock has become the latest one percent-er to say...

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