Facebook F8 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, previously in San Francisco (until 2016) and now in San Jose, in Silicon Valley. Previous events have started with a keynote speech by Facebook founder Mark Zuckerberg, followed by various breakout sessions concentrating on specific topics. Facebook has often introduced new features, and made new announcements, at the conference. The "F8" name comes from Facebook's tradition of 8 hour hackathons. The scheduling of
S corporation corporations may also, in certain circumstances, pay income taxes on untaxed profits that were generated when the corporation operated as a C corporation. This is very common with uncollected accounts receivable or appreciated real estate. For example, if an S corporation that was formerly a C corporation sells an appreciated asset (such as real estate) and the appreciation occurred during the time the corporation was a C corporation, the S corporation will probably pay C corporation taxes on the appreciation—even though the corporation is now an S corporation. This Built In Gain (BIG) tax rate is 35% on the appreciated