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Comprehensive Problem 1 7 - 8 1 ( LO 1 7 - 1 , LO 1 7 - 2 , LO 1 7 - 3

Comprehensive Problem 17-81(LO 17-1, LO 17-2, LO 17-3, LO 17-4, LO 17-5)(Static) Access the 2021 Form 10-K of 2021 Meta Platforms Incorporated (Facebook), and answer the following questions Required: a. Using Information from the company's Income Statement and Income Taxes footnote, what was the company's effective tax rate for 2021? b. Using information from the Statement of Cash Flows, calculate the company's cash tax rate Note: For all requirements , round your final answers to 1 decimal place . What does the company's Income Taxes note tell you about where the company earns its international income? d. What item creates the company's largest deferred tax asset ? eWhat item creates the company's largest deferred tax liability? How does the company treat interest and penalties related to its unrecognized tax benefits ?
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