Saturday, February 4, 2012

Zuckerberg's 2012 Taxes: $1,500,000,000

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Facebook CEO and cofounder Mark Zuckerberg is going to have to pay $1.5 billion in income taxes after the company's shares begin public trading in May, the Financial Times reports.

The reason: In 2005, Zuckerberg was granted new stock options as part of his compensation.

Facebook says that those options will be excercised after the IPO.

Posted via email from Inspiration

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