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Facebook IPO Could See Zuckerberg Pay Nearly $2 Billion in Taxes

Facebook IPO Could See Zuckerberg Pay Nearly $2 Billion in Taxes

News Software

Facebook's IPO will make Mark Zuckerberg a billionaire and to that affect will also see the founder being stung by the tax bee that could suck as much as $2 billion out of his Facebook kitty. The IPO being one of the highest valued in the tech world would see many people within Facebook become millionaires and the company itself may end up being valued at $100 Billion. Experts are of the opinion that the tax bill that Zuckerberg may receive is going to be one of the...



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According to sources familiar with Facebook's future plans, the social networking giant is looking to increase its $ 2.5 billion credit line. The trusted sources refused to be...
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Facebook must Raise $5 billion for Taxes

16 Feb 2012 News
Facebook must Raise $5 billion for Taxes
Social media giant, Facebook, has revealed that it needs to raise approximately $5 billion through an extra share sale later this year to cover a tax bill levelled at its...