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Tax Court Backs IRS In Multibillion-Dollar Facebook Clash

By Natalie Olivo ( May 22, 2025, 6:49 PM EDT) -- The U.S. Tax Court largely sided with the IRS on Thursday in a multibillion-dollar tax dispute with Facebook, upholding the agency's approach for valuing the company's intangible property but finding it applied the wrong data points in its analysis....

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