October 3, 2022

Singapore

IRS: Facebook Co-founder Is Gonna Take Off Now

So to speak. Bloomberg reports that Eduardo Saverin has renounced his U.S. citizenship ahead of Facebook's IPO. This has a number of obvious advantages – the lack of Kardashians, Nickelback, and NBA playoffs to name a few. But also, there are the tax advantages to consider, which it appears Saverin may have done: Facebook plans to […]