Facebook will pay no tax on $1.1 billion profit; gets refund instead February 18, 2013 by admin Tweet It has been revealed that Facebook will get a refund of $ 500 million on tax payments, despite making $ 1.1 billion profit in 2012, according to a report by the Citizens for Tax Justice. Read more… Neowin Related Posts:Facebook records 2 billion daily active users and…OpenAI to transition to a fully for-profit company,…Elon Musk's hypocrisy on OpenAI for-profit status revealedGoogle pulls the plug on Stadia, will refund all…New report claims Amazon will pay over $1 billion to…