Saverin's Citizenship Renunciation Before Facebook IPO Will Increase Not Reduce His Tax Bill Too Taxing for CoFounder A Founder Renounces U.S. cofounder Saverin renounces citizenship ahead of gives up Americans feel defriended over perceived Eduardo tax dodge Facebook's Shrewd move Gives Up Isn't the Only Rich Guy Defriending US Matters

Americans feel defriended over perceived Eduardo Saverin tax dodge Eduardo Saverin, the Facebook co-founder who renounced his U.S. citizenship in what many have seen as a move to avoid paying federal taxes, has managed to unify many Americans behind Uncle Sam's outstretched hand. Eduardo Saverin Isn't the Only Rich Guy Defriending the U.S. Facebook co-founder Eduardo Saverin has renounced U.S. citizenship a week before the company's IPO is set to increase his net worth by about $4 billion. Saverin's just getting in on the hot new trend: ... Facebook co-founder Eduardo Saverin gives up U.S. citizenship Facebook co-founder Eduardo Saverin has given up his U.S. citizenship, a move that will reduce his taxes when Facebook goes public in the coming weeks. Saverin, who was born in Brazil and moved to the U.S. in 1992 and has been a U.S. citizen since 1998, has decided to become a resident of Singapore. He is said to own around 5 percent of the company, which has a valuation of between $77 billion ... Facebook Co-Founder Saverin Renounces Citizenship Facebook co-founder Eduardo Saverin renounced his U.S. citizenship in September, months before the social network's expected initial public offering. Why Eduardo Saverin moved to Singapore ? Eduardo Saverin, the 30-year-old co-founder of Facebook, renounced his U.S. passport, sometime last year. The news became public just weeks ahead of the anticipated IPO. Tax purposes are probably the biggest reason for his citizenship renouncement. If Saverin kept his U.S. passport, he would be paying up to 40 percent in income tax, next ... Eduardo Saverin Renounces U.S. Citizenship Ahead Of Mega Facebook IPO Eduardo Saverin, Facebook co-founder immortalized by his falling out with Mark Zuckerberg in the movie The Social Network, has renounced his U.S. citizenship ahead of the company's IPO. Facebook's Eduardo Saverin gives up citizenship: Shrewd tax move? Here's a tax tip for Mark Zuckerberg: Give up your U.S. citizenship. Facebook Co-Founder Saverin Gives Up U.S. Citizenship Before IPO Eduardo Saverin, the co- founder of Facebook, renounced his U.S. citizenship before an IPO that values the social network at as much as $96 billion, a move that may reduce his tax bill. Eduardo Saverin, Facebook co-founder, to renounce his US citizenship ahead of IPO Eduardo Saverin, one of Facebook's co-founders, has renounced his American citizenship ahead of the company's groundbreaking IPO — a move that would drastically reduce his tax bill. read more Facebook co-founder Saverin 'unlikes' US Eduardo Saverin, the billionaire co-founder of Facebook, renounced his US citizenship before the social network's IPO.
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