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Facebook’s co-founder, Eduardo Saverin, is giving up his US citizenship to become a resident of Singapore, where residents pay no capital gain taxes. Brian Sullivan and Amanda Drury CNBC via MSNBC 5/11/2012 Eduardo Saverin, one of four co-founders of Facebook, has renounced his U.S. citizenship. The move may reduce his tax bill following the initial […] May 11th, 2012 | Tags: capital gains tax, Eduardo Saverin, Facebook, IPO, Singapore, stocks | Category: Asia, Economy, Taxes, United States | Comments are closed
Allahpundit HotAir.com 8/5/2010 They’re preparing an IPO and want the feds’ shares — all of the feds’ shares — to be part of it. Treasury’s considering it, but you know how it is: Once you’ve got hold of something special, it’s … so hard to let go. “We want the government out, period,” Mr. Whitacre […] August 7th, 2010 | Tags: General Motors, IPO | Category: Barack Obama, Marxism, Michigan, Taxes, Treasury Department | Comments are closed
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