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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    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 ...
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    05/15/2012 - 12:16 am | View Link
  • Facebook co-founder renounces citizenship ahead of IPO
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  • Facebook Co-founder preps for IPO by renouncing US citizenship
    As Facebook's Initial Public Offering inches closer and closer, co-founder Eduardo Saverin has renounced his US citizenship for tax purposes. What this will do for him is cut down significantly on the cash he'll have to pay in to the USA once his end of ...
    05/11/2012 - 6:17 am | View Link
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