[quote=John Ogre]The funny thing about facebook is that there’s a good chance that Eduardo Saverin will have to pay more taxes on his stock by renouncing his citizenship than if he stayed.
He has to pay capital gains on all of his stock on the estimated valuation on the day he renounced his citizenship. The IRS should value it at at least half of the IPO. It’s down 25% already.[/quote]
