Saturday, January 14, 2012

Anticipated Facebook IPO could put hundreds of millions into CA coffers

 
Bloomberg says a report from California legislative analyst Mac Taylor forecasts that the sheer size of a Facebook IPO, expected to value the network at $100 billion, would necessitate an adjustment in the state's revenue projections to account for hundreds of millions of additional revenue from capital gains taxes.
 
 

No comments:

Post a Comment

ShareThis