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There was an article about this a few days ago that explained how he has put off paying taxes on his Facebook income for several years using various accounting methods. He will take a big hit now that he has exercised all his stock options (when the company went public he was able to buy 60 million shares of stock at 6 cents per share), but by doing it the way he is actually getting off cheap. He only sold part of what he bought and since the options were part of his compensation package the IRS sees them differently. He is actually positioning himself to potentially pay far less or even nothing down the road.
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