shortformblog: Facebook co-founder Eduardo Saverin: No longer a U.S. citizen You know what’s cooler than a billion dollars? Renouncing your U.S. citizenship not long before the company you co-founded has as IPO, as our pal Eduardo Saverin did. This may be tax-related — Saverin stands to get a bigger chunk of the Facebook IPO pie now that he’s no longer a U.S. citizen, though the Singapore resident won’t avoid taxes entirely — as capital gains for renounced U.S. citizens face exit taxes.
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shortformblog:

Facebook co-founder Eduardo Saverin: No longer a U.S. citizen

You know what’s cooler than a billion dollars? Renouncing your U.S. citizenship not long before the company you co-founded has as IPO, as our pal Eduardo Saverin did. This may be tax-related — Saverin stands to get a bigger chunk of the Facebook IPO pie now that he’s no longer a U.S. citizen, though the Singapore resident won’t avoid taxes entirely — as capital gains for renounced U.S. citizens face exit taxes.

46 Notes/ Hide

  1. sawadanaji reblogged this from fuckyeah-eduardosaverin
  2. fuckyeah-eduardosaverin reblogged this from shortformblog
  3. jegsnakkerarabisk reblogged this from ro-s-aspa-rks
  4. oldmanyellsatcloud said: Kind of a douchebag move, imho.
  5. sunnygemini reblogged this from shortformblog
  6. hornysad reblogged this from shortformblog and added:
    I’m pretty sure that there’s very little that could make me renounce my US citizenship, unless I was going to be...
  7. allneon-allsurface reblogged this from shortformblog
  8. 8bitian reblogged this from theoneandonlyjarrett and added:
    I mean, I’d renounce U.S. citizenship, too, if I could. Not for tax reasons, though :|
  9. mrlundblade reblogged this from shortformblog and added:
    You may know him as this guy:
  10. kaliem reblogged this from shortformblog
  11. pod313 reblogged this from shortformblog
  12. thecodeofwatermelons reblogged this from shortformblog
  13. thesocialmedianerd reblogged this from shortformblog
  14. theoneandonlyjarrett reblogged this from jasencomstock and added:
    “Although many countries require citizenship of another nation before allowing renunciation, the United States does not...
  15. idlewyld reblogged this from shortformblog
  16. manzanasverdes said: as i wrote earlier, i found it helpful, so thanks for that! imo it was not bullying in the last. now, the dare to yell back, THAT would constitute bullying in my book. i’d advise you to let it go, tho, that person seems to be itching for a fight
  17. modernvampiresofthecountry reblogged this from shortformblog
  18. pulpovioleta reblogged this from shortformblog and added:
    ME ESTÁ JODIENDO?!
  19. writtenswordss reblogged this from shortformblog
  20. ro-s-aspa-rks reblogged this from shortformblog and added:
    I wish this was Andrew Garfield. Oh well.
  21. shortformblog posted this