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How did Eduardo Saverin avoid paying a huge amount in taxes for co-founding Facebook?

The Facebook co-founders were required to pay a huge amount of taxes when Facebook went public, according to thenation.com. But one of its co-founders, Eduardo Saverin was able to avoid paying his part. Can you guess how he achieved that?


It was around this time one of the five Facebook co-founders Eduardo Saverin renounced his U.S. citizenship and moved to Singapore.

By doing that he avoided paying $600,000,000 in taxes.

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Rania Strataki

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