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Facebook ÄòLikes Tax Schemes to Avoid Paying Uncle Sam
by BRIANNA EHLEY The Fiscal Times Well, the U.S. government isn’t going to “like” this: Facebook shifted a little over $1 billion in profits earned overseas to the Cayman Islands last year. The world’s largest social networking site avoids hefty tax bills on most of its international earnings by using a web of subsidiaries in […]
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