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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BING NEWS:
  • 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 - 2:58 am | View Link
  • Facebook co-founder renounces U.S. citizenship, draws heat
    (CBS News) When Facebook begins selling its stock, several people who own part of the company will become billionaires. One of them is getting a lot of flack, because he's giving up his U.S. citizenship right before Facebook goes public. That will save ...
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  • Facebook co-founder renounces U.S. citizenship ahead of IPO
    Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship ahead of the company's IPO, Bloomberg reported -- a move likely calculated to help him dodge capital-gains taxes. Saverin, one of a handful of people who helped Mark Zuckerberg start ...
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  • Facebook Co-Founder Renounces US Citizenship For Tax Reasons
    As Kucera, Valikappen, and Harper first reported, Brazilian-born billionaire Eduardo Saverin, one of the men who helped Facebook CEO Mark Zuckerberg create the social ... The Facebook co-founder, who is no longer actively involved in its day-to-day ...
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  • Facebook Co-Founder Won't Escape All U.S. Taxes By Renouncing Citizenship
    Apparently, a pretty good reason to give up your citizenship. Brazilian-born Eduardo Saverin, who helped co-found the mega-successful social networking site Facebook in 2004 has called it quits in the U.S. The 30 year old Saverin has renounced his U.S ...
    05/12/2012 - 5:35 am | View Link
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  • Eduardo Saverin
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