Facebook’s Eduardo Saverin Likely BARRED FROM RE-ENTERING U.S

[naaman fletcher]

67. well,

no one has "agreed" that is the date, but if anyone fights it, thats what it will be (or very close). It's impossible for Severin to claim the price is materially different from the IPO price. If he left in September, it's still very tough for him to claim it's much different. Maybe he could get like 2% less in valuation or something like that.

He has simply gotten shitty tax advice. There are endless fools giving bad tax advice.

the dem senators are, in the end, politicians. The reason they are upset is they knew the hysteria it would create, which would gain them popularity and cotes.

I asked you as a rhetorical exercise. How would you value something that is not tradeable? Well you look to various models and you fight over them with the IRS.

If something is tradeable, you throw away the models. For example, if he owned apple stock, you would just value it on the close of the day he renounced. So, Facebook is not tradeable the day he renounced, but it is tradeable very, very close to the day he renounced. So the valuation will be the IPO price, or something very very close.

He got shitty tax advice, and the media and politicians have blown this way out of proportion.