Report: Facebook closed Irish subsidiary and moved billions in profits back to US following IRS suit; Irish subsidiary paid $101M in tax on $15B profit in 2018 (Andrew Davis/Bloomberg)

Andrew Davis / Bloomberg:
Report: Facebook closed Irish subsidiary and moved billions in profits back to US following IRS suit; Irish subsidiary paid $101M in tax on $15B profit in 2018  —  Facebook Inc. has moved to wind down several Irish holding companies that had allowed it to shift billions of dollars in profit to the country …