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Re:Facebook Tax Bill Over Ireland Move Could Cost $5B by jonas21 on Saturday July 30, 2016 @02:00PM (#12193954)
Taxes on profits would be deferred indefinitely. This increases everyone else's share of the tax burden regardless of whether they've invested in the company.
Re:Facebook Tax Bill Over Ireland Move Could Cost $5B by mnx on Saturday July 30, 2016 @02:15PM (#12194029)
If they make no profit, aren't they essentially running a charity for the efficient delivery of paper towels and power adapters?