Report: Facebook closed Irish subsidiary and moved billions in profits back to US following IRS suit; Irish subsidiary paid $101M in tax on $15B profit in 2018 (Andrew Davis/Bloomberg)

Report: Facebook closed Irish subsidiary and moved billions in profits back to US following IRS suit; Irish subsidiary paid $101M in tax on $15B profit in 2018 — Facebook Inc. has moved to wind down several Irish holding companies that had allowed it to shift billions of dollars in profit to the country …

source http://www.techmeme.com/201226/p6#a201226p6

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