Facebook Ireland

Facebook Inc (NASDAQ: FB) could face a tax bill of up to $5 billion. Facebook was on the receiving end of a "statuary notice of deficiency" from the IRS, which Facebook detailed in a regulatory filing. The company said it received the notice from the IRS on July 27, 2016 relating to "transfer...

Facebook Inc (NASDAQ: FB) is the latest big-name tech company to answer questions regarding its tax bill. This week, the U.S. Justice Department filed a petition to force Facebook to comply with an investigation into property the company transferred to an Ireland subsidiary for tax purposes back in...