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Facebook Gets a Multibillion-Dollar Tax Break

Facebook Gets a Multibillion-Dollar Tax Break

by zbacku

It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards. Even though Facebook ( FB ) reported $1.1 billion in ...

More: news.com.au Business Markets   US stocks ride momentum higher  From: AFP  March 08, 2013 9:52AM

More: news.com.au Business Markets US stocks ride momentum higher From: AFP M...

by Mary Mary

Dow Jones new recordThe US markets keeps raising the bar, pulling the markets with it(2:17 / 2.3MB) Traders work on the floor of the New York Stock Exchange (NYSE) in New York, January 2, 2013. US stocks shot up Wednesday on news of a fiscal-cliff d...

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