SAN FRANCISCO – Facebook Inc is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge the world’s largest social media company owes more than $9 billion linked to its decision to shift profits to Ireland.
The trial, which Facebook expects will take three to four weeks, could see top executives including hardware chief Andrew Bosworth and Chief Technology Officer Mike Schroepfer called to testify, according to a document the company filed in January.
The witness list also includes Naomi Gleit and Javier Olivan, veterans of Facebook’s aggressive growth team, and Chief Revenue Officer David Fischer.
www.foxbusiness.com/technology/facebook-faces-tax-court-trial-over-ireland-offshore-deal