The feds had to go to court to force Facebook to cooperate with tax probe
Justin Sullivan/Getty Images
Since 2010, the IRS has been investigating whether Facebook understated assets by "billions of dollars" when it transferred part of its business to an Irish subsidiary.
Facebook was supposed to provide the IRS with additional books, records, papers, and other data as part of the examination by June 17, but failed to do so.
So, the feds are taking the issue to court, asking for an order to force Facebook to provide the information.
"Facebook complies with all applicable rules and regulations in the countries where we operate," a Facebook spokesperson said in a statement.
Here's the full filing:
DOJ Petition by Mike Snider on Scribd
- 5 things to avoid doing if your phone gets wet
- Intense rains quench Uttarakhand’s wildfire frenzy; Supreme Court tells state govt. to stop relying on rain god
- IPL decoded: Can RCB still qualify? Probabilities of IPL teams qualifying for the playoffs
- IPL decoded: Hasty 100s - The fastest centuries in IPL 2024 so far
- 5 pasta types for home cooking enthusiasts