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Photo: ahmad faizal yahya / Shutterstock.com
8 July 2016Copyright

Facebook investigated over IP tax affairs

Facebook has been targeted in a lawsuit in which the US government said the social networking site may have undervalued intellectual property rights that it transferred to an Ireland-based subsidiary, a move which cut its tax bill.

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More on this story

Trademarks
Facebook moves IP back to US amid tax row
4 January 2021   Facebook will repatriate most of its IP from the Republic of Ireland back to the US by liquidating three companies at the centre of a tax dispute about offshore profit shifting, the social media company has confirmed.


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