21. October 2013 · Comments Off · Categories: Taxes · Tags: , ,

Twitter Follows Apple, Google & Facebook To Irish Holy Grail

Facebook flipped more than $ 700 million to the Cayman Islands as part of a “Double Irish” tax reduction strategy. Recall that former Zuckerberg pal and co-founder Eduardo Saverin took considerable heat when he exited the U.S. for Singapore. Sure …
Read more on Forbes

Mark Zuckerberg for example has a networth of over $ 17 billion. But his annual salary is $ 1 per year. So does it mean he pays taxes only from his $ 1 a year?

Answer by tro
he may only have an actual salary of $ 1 on which he files his tax return, however he may have other types of income that is also reported
just because the $ 1 wage is all that is revealed publicly doesn’t mean that’s all his income

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