Facebook Inc. just bought itself more time to settle a U.S. Tax Court case that could force it to pay up to $5 billion.
The social media network succeeded in delaying its August 2019 trial by six months to work through issues with the Internal Revenue Service and possibly settle the case.
The trial is now set for Feb., 10, 2020, in San Francisco, according to a Dec. 28 order from Judge Cary Douglas Pugh.
In the meantime, Facebook and the IRS have to file a report on the status of the case by March 19, 2019.
Facebook is challenging ...
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