Business · 22 Oct
వెల్త్ టాక్స్ ఎఫెక్ట్: కాలిఫోర్నియాలోనే ఉండేలా మార్క్ జూకర్బర్గ్తో మెటా క్రేజీ డీల్!
AI summaryMeta CEO Mark Zuckerberg was offered a deal to retain his voting control while remaining in California, as the state prepares for a potential wealth tax under Proposition 40. Under the agreement, Meta will issue new non-voting Class C shares to Zuckerberg over the next 8 years, ensuring he can pay the estimated tax bill without selling his voting shares. The move aims to prevent Zuckerberg from relocating to avoid the proposed 5% tax on billionaires.
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