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IRS Expert Defends His 2010 Facebook Valuation At Tax Trial

By Dorothy Atkins (May 12, 2022, 10:21 PM EDT) -- An expert hired by the IRS defended his valuation analysis of Facebook during a multibillion-dollar trial Thursday over the social media giant's 2010 tax bill, testifying that his $32.8 billion valuation — $3 billion higher than Facebook's own number — relied on revenue projections approved by Facebook executives, board members and auditors....

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