Facebook's Eduardo Saverin Saves $67 Million In Tax By Leaving Us

Globe and MailFacebook's Eduardo Saverin Saves $67 Million in Tax by Leaving USWashington PostMay 16 (Bloomberg) -- Facebook Inc. co-founder Eduardo Saverin will save at least $67 million in federal income taxes by dropping US citizenship, according to a Bloomberg analysis of the company's stock price. Those savings will keep growing if ...Facebook co-founder Saverin invests, while senators seek to ban him from USFox NewsSchumer Proposes Tax on People Like Facebook's SeverinBusinessWeekUS senators flame Facebook's Saverin on taxesReutersWall Street Journal -Los Angeles Timesall 446 news articles »

  • Will Facebook's IPO change Zuckerberg's attitude toward the company?
    Mezrich also responds to the outrage that erupted last week after Facebook co-founder Eduardo Saverin renounced his U.S. citizenship, a move that may allow him avoid paying an estimated $67 million of taxes on the social network's IPO launch.
    05/21/2012 - 5:11 am | View Link
  • Senators Unveil 'Ex-PATRIOT' Act on Facebook's Saverin
    CNBC's Michelle Caruso-Cabrera reports Senators Schumer, (D-NY) and Casey, (D-PA) announced they will unveil a bill aimed at Facebook co-founder, Eduardo Saverin, in an attempt to stop him from avoiding taxes by renouncing his U.S. citizenship.
    05/16/2012 - 9:20 pm | View Link
  • Facebook's Saverin Saves $67M By Leaving U.S.
    (Bloomberg News) Facebook Inc. co-founder Eduardo Saverin ... what is effectively an exit tax on the estimated capital gains from their stock holdings at the time of the renunciation. Saverin's bill would be about $365 million, though even that can be ...
    05/15/2012 - 1:00 pm | View Link
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  • Criticism of Facebook
    Privacy issues Wrongful account suspensions and coercion of private identification out of its users. In 2015, it was reported that a growing number of Facebook users ...
    06/21/2017 - 3:28 am | View Website
  • The Social Network
    The Social Network is a 2010 American biographical drama film directed by David Fincher and written by Aaron Sorkin. Adapted from Ben Mezrich's 2009 book The ...
    06/19/2017 - 5:11 am | View Website
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