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

[spooky3]

56. Can you explain 1) why the Dem. Senators and others are getting bent out of shape

if they agreed that the IPO day valuation is the same as the renunciation date valuation and that Saverin will really accept an exit tax assessment based on the IPO value, and 2) why you had to ask me how an authority would set a pre-IPO value, if you do this for a living? Or do you really think that Saverin would simply accept the higher IPO value rather than pay a team of attorneys to fight it? I guess if you do, then there is no way to argue it, since that can't be determined or refuted at this time.

By the way, some sources on the web say that he may have renounced citizenship in September. That long time lapse might make it hard to prove that he was trying to avoid taxation, and for him to agree that the IPO date value is the same as the value in Sept.