Singapore doesn’t have a capital gains tax.
At 15% long-term capital gains tax rate on $3.84B (4% of Facebook),
He saved $576 Million by giving up his citizenship and moving to Singapore.
At 15% long-term capital gains tax rate on $3.84B (4% of Facebook),
He saved $576 Million by giving up his citizenship and moving to Singapore.
He may have sold some stock to private investors but I don't think that's what you meant.