Facebook Paid 0.3% Taxes On $1.34 Billion *non-U.S.*Profits

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Londo_Jowo

Lifer
Jan 31, 2010
17,303
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londojowo.hypermart.net

piasabird

Lifer
Feb 6, 2002
17,168
60
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Most large corporations, especially those involved in the computer industry are international corporations with assets all over the world. Companies invest in the area where they can make the most return on their money and they are not taxed to death.

I think I paid like 2-3 % last year in fed income tax. Of course I paid some state tax and local tax also.
 
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