Posted by & filed under Company Analysis, Financial Planning, Governments & Regulators, Management Issues.

Description: Eduardo Saverin, the billionaire co- founder of Facebook Inc. (FB), renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill.

Source: Bloomberg.com

Date: May 11, 2012

Link: http://www.bloomberg.com/news/2012-05-12/facebook-co-founder-may-gain-choosing-singapore-over-u-s-.html

Questions for Discussions:

  • What are the ethical issues expressed in this article?
  • What are the arguments for and against his decision?
  • What would you do?

 

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