Facebook F8 19, 2017, at the San Jose Convention Center in San Jose, California. Announcements included: The 2018 F8 conference was held from May 1, 2018 to May 2, 2018, at the McEnery Convention Center in San Jose, California. At the conference, Facebook announced the creation of their own online dating service. Shares in the dating business Match Group fell by 22% after the announcement. Facebook F8 Facebook F8 (pronounced ""eff eight"") is a mostly-annual conference held by Facebook, intended for developers and entrepreneurs who build products and services around the website. It is hosted in the San Francisco Bay Area, California,
S corporation of gross receipts and (ii) it has accumulated earnings and profits. § 1362(d)(3). An S corporation will only have accumulated earnings and profits if it was a C corporation at some time, or acquired or merged with a C corporation. The S election affects the treatment of the corporation for Federal income tax purposes. The election does not change the requirements for that corporation for other Federal taxes such as FICA and Federal unemployment taxes. While an S corporation is not taxed on its profits, the owners of an S corporation are taxed on their proportional shares of the S