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 »

  • Rush: Facebook's Saverin no coward
    Rush Limbaugh on Friday defended Facebook co-founder Eduardo ... Saverin, who’s been accused of renouncing his U.S. citizenship to skirt taxes, saying the entrepreneur wasn’t being unpatriotic — just a smart businessman. “If it’s a more favorable ...
    04/15/2016 - 11:52 pm | View Link
  • The Shocking Story of What Really Happened Inside Facebook's IPO
    Business Insider – the fastest growing business news site on the web – is dedicated to analyzing, reporting and aggregating the top news stories and delivering them quickly so you will always have what you need to know. Earlier, we reported that the ...
    05/24/2012 - 3:20 am | 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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  • Eduardo Saverin
    ... he owns 53 million Facebook shares ... In what was seen as a move to avoid US taxes, Saverin renounced his American citizenship in September 2011.
    04/24/2016 - 8:54 pm | View Website
  • Eduardo Saverin Draws Criticism by Dodging Millions in US ...
    Days before Facebook launched its IPO, Eduardo Saverin renounced his dual U.S. citizenship. ... This action could save him millions in capital gains taxes. Search ...
    04/21/2016 - 8:33 am | View Website
  • Facebook’s Saverin to Pay Hundreds of Millions in Tax ...
    Facebook Inc. co-founder Eduardo Saverin, ... said he’ll pay “hundreds of millions of dollars” in taxes to ... He declined to comment on how much tax he would save.
    05/18/2012 - 5:45 am | View Website
  • Facebook IPO: Is co-founder Saverin cheating US out of $ ...
    ... Facebook co-founder Eduardo Saverin could save some $100 million in taxes from ... could save some $100 million in taxes from Friday's Facebook ...
    05/17/2012 - 2:50 pm | View Website
  • Facebook founder Eduardo Saverin could be BANNED from the ...
    Facebook founder Eduardo Saverin could be BANNED from the U.S. after ... to the United States after he renounced his citizenship to save millions in tax.
    05/17/2012 - 7:12 am | View Website
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