Bloomberg News

Facebook's Saverin Saves $67M in Taxes Leaving U.S.

May 16, 2012

In today's "Movers & Shakers" Bloomberg's Betty Liu reports that Facebook Inc. co-founder Eduardo Saverin will save at least $67 million in federal income taxes by dropping U.S. citizenship, according to a Bloomberg analysis of the company’s stock price. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Running Time: 00:39


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