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The U.S. Tax Cuts and Jobs Act of 2017 changed Facebook's global tax calculations. Meta Platforms Ireland is subject to the U.S. GILTI tax of 10.5% on global intangible profits (i.e. Irish profits). On the basis that Meta Platforms Ireland Limited is paying some tax, the effective minimum US tax for Facebook Ireland will be circa 11%.
Revenues, profits, tax and effective tax rates, Facebook Inc. 2013–2015. [170] Revenue (m EUR) EBT (m EUR) Tax (m EUR) Tax / EBT Tax / Revenue Total EU Rest of the world Total EU Rest of the world Total EU Rest of the world Total EU Rest of the world Total EU Rest of the world Facebook Inc. 2013: 5,720 3,069 2,651 2,001 (4) 2,005 911 3 908 46 ...
An experiment in 2012 involved showing Facebook users pictures of their friends who reported that they had voted; users who were shown the pictures were about 2% more likely to report that they had also voted compared to the control group, which was not encouraged to vote. [480]
The coming Facebook IPO is making waves in the investment world, as everyone tries to figure out how to make money from the social-media craze. One group of lucky people, however, is almost ...
Tax-exempt means not being required to pay taxes on certain types of income. Find out which type of income is considered tax-exempt.
In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.
Listen with Friends allows Facebook users to listen to music and discuss the tunes using Facebook Chat with friends at the same time. Users can also listen in as a group while one friend acts as a DJ. Up to 50 friends can listen to the same song at the same time, and chat about it.
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