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Facebook Tax Trial Judge Won’t Subpoena Zuckerberg, Sandberg—Yet

March 10, 2020, 11:47 PM

Facebook fended off, at least temporarily, the IRS’s demand that CEO Mark Zuckerberg and COO Sheryl Sandberg appear on the witness stand in the company’s closely watched U.S. Tax Court trial.

Facebook Inc. is in the fourth week of the San Francisco portion of a court battle over a tax bill related to the value of intangible assets, such as trademarks and technology, that it transferred to Ireland a decade ago for marketing and other services. The IRS alleges the Irish operations should have paid more in royalties to the U.S. because the assets were worth billions more than what ...