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A comment on Renouncing citizenship: Did Eduardo Saverin do anything wrong?. Parent comment

Re:Renouncing citizenship: Did Eduardo Saverin do anything w... by rudiger on Tuesday May 15, 2012 @11:31PM (#3980334)
Not exactly. He's paying some tax now, while Facebook is still private. It's just that once it's public, the value of his stake will be much more transparent and so he'll have to pay more taxes.
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Re:Renouncing citizenship: Did Eduardo Saverin do anything w... by romeodelight on Wednesday May 16, 2012 @12:12AM (#3980446)
Only realized capital gains are taxed. The capital gain is not realized until the stock is sold. So the answer is no, he's not paying "some" taxes now on his fb shares.

He may have sold some stock to private investors but I don't think that's what you meant.

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Re:Renouncing citizenship: Did Eduardo Saverin do anything w... by waterlesscloud on Wednesday May 16, 2012 @12:48AM (#3980533)
He's actually paying as if he sold it all at the time his citizenship was revoked. It's the "exit tax" all the stories on this mention.
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Re:Renouncing citizenship: Did Eduardo Saverin do anything w... by romeodelight on Wednesday May 16, 2012 @09:53AM (#3982015)
Thanks for the clarification.
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