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
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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