Business News: Facebook Co-Founder Saverin Gives Up U.S. Citizenship

Facebook co-founder Eduardo Saverin has given up his U.S. citizenship, a decision that many observers believe is likely to reduce the massive tax bill he stands to receive following next week’s flotation of the social media company. Saverin, a native of Brazil, became a citizen in 1998, six years after moving to the U.S. “Eduardo [...]

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