Facebook Taxes

The Last Week In A Nutshell What Happened: Last week ended positive, with broad gains in all S&P 500 sectors. Remember This: “Some data suggests consumer health has started to improve,” said Lindsey Bell, chief investment strategist at Ally Financial Inc (NYSE: ALLY)-owned Ally...

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...