{"entry":{"title":"How Companies Like Facebook Get Income Tax Breaks","date":"Mon, 18 Feb 2013 23:00:00 -0600","author":"CTJ, Citizens for Tax Justice","description":"
Earlier this month, the Facebook Inc. released its first \u201c10-K\u201d annual financial report since going public last year. Hidden in the report\u2019s footnotes is an amazing admission: despite $1.1 billion in U.S. profits in 2012, Facebook did not pay even a dime in federal and state income taxes.<\/span><\/p>","original_link":"http:\/\/ctj.org\/ctjreports\/2013\/02\/facebooks_multi-billion_dollar_tax_break_executive-pay_tax_break_slashes_income_taxes_on_facebook--.php"}}