News Article

Facebook Gets a Multi-Billion-Dollar Tax Break

Via businessweek.com » Submitted On Fri, 02/15/2013 - 10:30pm by Dakota

It hasn't drawn much attention, but Facebook's first annual earnings report contains an accounting gem: A multi-billion-dollar tax deduction for the cost of executive stock options and share awards. Even though Facebook ( FB) reported $1.1 billion in pre-tax profits from U.S.

Comments

Amazing how many people still won't get off of it...I'm talking conservatives! they know their being tracked and exploited! Especially now that there is www.TeaPartyCommunity.com

1 year 8 months ago
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