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 »

  • Best man Mark Zuckerberg belts out 'Don't rain on my parade' with gay tunes bingo host Linda Fabulous at worker's wedding
    The singalong was led by flamboyant host Linda Gerard, also known as Linda Fabulous ... but also massively dilutes the value of the shares owned by his friend Eduardo Saverin when the company becomes a success. Sittig, who used to work at Napster, is ...
    10/17/2011 - 4:31 am | View Link
  • Facebook's fortunes skyrocket on Forbes billionaires list... but no one can beat Carlos Slim
    Co-founder Eduardo Saverin made the list as well at number 782 with $1.6billion ... The 84-year-old saw his personal wealth tumble $17billion to just $6billion due to tax issues. He has fallen 151 places on the list, down from 11th to 162nd place.
    03/11/2011 - 11:31 am | View Link
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