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May 17, 2012 04:28 pm GMT

Still Smiling, Eduardo? Senators Schumer, Casey Want To Collect Your $67M In Facebook Taxes Anyway

saverin fAnother development in the ongoing story of how Eduardo Saverin has given up his U.S. citizenship to avoid paying $67 million in taxes related to Facebook's IPO: the U.S. government doesn't want him get away with it quite so fast.Today, Senators Charles Schumer and Bob Casey are expected to announce a plan they have to re-impose the taxes on Saverin, part of a bigger scheme to go after expatriates who give up citizenship in order to avoid taxes. On top of that, they want to make it official that people who do avoid paying their taxes by renouncing citizenship are unable from ever re-entering the country again.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iXnVPiZKZDU/

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