Facebook to pay NO tax for 2012 and will even get tax refund of $429m

Facebook will not pay any tax for 2012 despite making $1.1 billion in pre-tax profits from U.S. operations, according to a report released on Thursday.<p>But Mark Zuckerberg's company will also get a multimillion dollar tax refund of around $429 million according to Citizens for Tax Justice (CTJ).<p>The refunds reportedly come from tax deductions on executive stock options and share awards.