Feb
20
IRS Seeks $9 Billion in Taxes From Facebook Over Sale of IP to Subsidiary in Ireland
Posted in: UncategorizedThe taxman is knocking on the door in Menlo Park, Calif., and he’s carrying a pretty big bucket. The IRS brought Facebook to trial in a tax court in San Francisco this week, alleging that the social network owes over $9 billion in taxes for understating the value of intellectual property that it sold to…
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