Posts Tagged ‘facebook ipo’

Facebook’s Eduardo Saverin Saves $67 Million by Leaving US

May 17, 2012 |  by  |  Breaking News  |  1 Comment
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What would you do for money? Would you give up your US citizenship? Well, for an estimated $67 million in savings on taxes, that exactly what Facebook co-founder Eduardo Saverin is doing.

He is actually renouncing his U.S. citizenship to avoid a large tax payment. But what it really means is that he just kissed off his chances of ever stepping foot in the states again.

Keep reading for more… after the jump.

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