I read this and it made me shake my head. Tax policy is a pretty dry subject no doubt. But there is a story to be told when a company can earn a billion dollars in profit and actually pay negative taxes, ie, not only pay no taxes for a year you earn a billion but actually get taxes paid in previous years refunded! If that was not enough fun for a year, you also get tax offsets for future years ensuring you won’t pay taxes on your next few billion dollars in profits.
http://www.theregister.co.uk/2013/02/17/facebooks_mighty_tax_dodge/