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Meta strikes deal with Mark Zuckerberg to help him foot billionaire tax bill

Chief executive agrees to remain in California for eight years even if state brings in one-off 5% wealth taxMeta has struck a deal with Mark Zuckerberg to help him foot a possible California wealth tax targeting billionaires.The social media company…

This article was originally published by The Guardian World and is republished here under license.

Chief executive agrees to remain in California for eight years even if state brings in one-off 5% wealth tax

Meta has struck a deal with Mark Zuckerberg to help him foot a possible California wealth tax targeting billionaires.

The social media company behind Facebook, Instagram and WhatsApp revealed on Wednesday night that the arrangement would keep its chief executive living in California, where Meta’s headquarters are located.

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