Meta creates new stock class to shield Zuckerberg from California tax
Briefing by News4U · First published
Meta created a new class of stock to prevent Zuckerberg from facing a large tax bill that could threaten his voting power.
MarketWatch reported that Meta agreed to create a new class of stock to prevent Mark Zuckerberg from facing a potentially giant tax bill that could threaten his voting power. [1]
Sources
- This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax
MarketWatch · · Summary only