Why is Facebook being investigated by the IRS?
- 8 years ago
The U.S. Justice Department filed a petition in court to force Facebook to comply with an ongoing IRS investigation over whether the company has possibly undervalued its asset transfers to its Irish subsidiary by billions of dollars.
The investigation is part of an examination of Facebook's federal income tax liability in 2010.
The investigation is part of an examination of Facebook's federal income tax liability in 2010.