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Facebook Co-Creator Eduardo Saverin Renounces US Citizenship Before IPO

Why did Facebook co-founder Eduardo Saverin renounce his U.S. citizenship? The answer to this question was the subject of much speculation on Friday, when news broke that the Brazilian-born tech investor renounced his U.S. citizenship back in September. It was only on April 30, when the IRS published a list......
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Just like Eduardo, nearly 1,800 people renounced U.S. citizenship this year, many over taxes

Business & Finance : Venture Beat (2 years ago)

Around 1,800 U.S. citizens living abroad formally renounced their citizenship in 2011 — just like Facebook co-founder Eduardo Saverin — and many did so for tax purposes. Saverin told Bloomberg today that his decision was one of conv... Read Post

Facebook co-founder Saverin: Renouncing US citizenship “nothing to do with taxes”

Technology : The Next Web Blog (2 years ago)

Facebook co-founder Eduardo Saverin is often reluctant to grant media interviews, but the Singapore-based billionaire has come out to flatly deny speculation that the renouncement of his US citizenship was... Read Post

Eduardo Saverin renounces U.S. citizenship ahead of Facebook IPO

Business & Finance : Venture Beat (2 years ago)

In a blow to Uncle Sam, Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship ahead of the company’s hotly-anticipated initial public offering. Facebook is expected to make its public debut on May 18. The company pr... Read Post


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