What's REALLY Annoying.........
......is that in order to avoid capital gains tax on his profits from the IPO, Facebook co-founder Eduardo Saverin has moved his official residence to Singapore (where there is no capital gains tax).
The Brazil-born 30-year-old became a U.S. citizen in 1998 but has lived in Singapore since 2009. According to the IRS, Saverin gave up his citizenship in the first quarter of this year, which is really great timing on his part.
A spokesman offered this statement: "Eduardo recently found it to be more practical to become a resident of Singapore since he plans to live there for an indefinite period of time."
I'm sure it had nothing whatsoever to do with the fact that making the change NOW will allow him to avoid paying taxes on billions of dollars of capital gains from Facebook's IPO launch.
Good riddence......
i
i or the root of -1 is known as an imaginary number
it is more tangible than any stock
of course, it's not real
it is useful.
I am proud to say that I have 3 friends on FB. 🙂
I did start a community account for our soccer club last Fall so I had to register as a user.
The soccer club page is growing and people like it and getting new likes all the time.I can use it for marketing the club this summer for sponsors and patrons.
My personal page is just basic info. With my first 50 likes for the soccer club, I was able to reach more that 14,000 people in the FB world.
One of my FB friends who is an old friend owns a tavern in NJ. He has over 1000 friends who are mostly college co-eds from Montclair University who adopted his place as a hang-out.
My other friend is an old local friend who is a musician and won a grammy a few years back. He has over 1000 friends also and they are mostly musicians.
My 3rd friend is swmbo who has an account because her friends insisted in order that she be kept up to date on their lives. Also her favorite niece uses FB. In the past year or so , she has lived in Europe and now Houston and that is how she keeps in touch with everyone.
Billion
But it could be considerd priceless...
look what FB did for Deral. 😉
Billion
:good:
