Facebook Co-founder Gives Up Citizenship Ahead Of Ipo

SAN FRANCISCO (Reuters) - Facebook Inc co-founder Eduardo Saverin has renounced his U.S. citizenship, according to an Internal Revenue Service report, days before the company's initial public offering.

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  • Boehner on Facebook co-founder citizenship renouncement to dodge taxes: ‘Outrageous’
    When Facebook co-founder Eduardo Saverin renounced his citizenship and moved to Singapore to avoid potentially paying tens of millions of dollars in taxes on gains he made from Facebook’s initial public offering last week, some on the right suggested it ...
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  • Facebook co-founder Saverin under fire for renouncing U.S. citizenship
    Facebook co-founder Eduardo Saverin has come under increased scrutiny following news that he had renounced his U.S. citizenship to become a resident of Singapore. The move drew criticism as reports pointed out that the move would save Saverin — who owns ...
    05/17/2012 - 2:56 am | View Link
  • Facebook co-founder Saverin renounces U.S. citizenship
    Facebook Inc co-founder Eduardo Saverin has renounced his U.S. citizenship ... where he co-founded Facebook with Mark Zuckerberg and others. The question of American citizenship became a bit of a talking point this week as former Republican Presidential ...
    05/13/2012 - 1:00 pm | View Link
  • Facebook co-founder cancels citizenship
    WASHINGTON, May 12 (UPI) -- Eduardo Saverin, a co-founder of Facebook, denied that taxes were the reason he has renounced his U.S. citizenship. Tom Goodman, a spokesman for the former Harvard student who was an early investor in Facebook, said it was "not ...
    05/12/2012 - 1:54 am | View Link
  • Facebook co-founder Saverin renounces citizenship
    The news, first published by Bloomberg on Friday, was based on an IRS notice late in April that named people "who have chosen to expatriate." Facebook plans to raise as much as $10.6 billion in an IPO that is expected to value the company at as much as $96 ...
    05/11/2012 - 12:08 pm | View Link
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  • Eduardo Saverin
    Eduardo Luiz Saverin is a Brazilian internet entrepreneur and investor. Saverin is one of five co-founders of Facebook, along with Mark Zuckerberg, Dustin Moskovitz ...
    07/25/2014 - 6:58 pm | View Website
  • Facebook
    Facebook is a social utility that connects people with friends and others who work, study and live around them. People use Facebook to keep up with...
    07/25/2014 - 1:58 pm | View Website
  • Facebook
    Facebook is an online social networking service headquartered in Menlo Park, California. Its name comes from a colloquialism for the directory given to students at ...
    07/25/2014 - 11:35 am | View Website
  • Facebook
    With more than 1 billion users, Facebook is the world’s largest social network. Founder Mark Zuckerberg started Facebook in 2004 while he was an ...
    07/25/2014 - 4:54 am | View Website
  • Technology and Science News
    Get the latest science news and technology news, read tech reviews and more at ABC News.
    07/25/2014 - 12:43 am | View Website
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