Meta strikes deal with Zuckerberg to protect him from California wealth tax

Meta strikes deal with Zuckerberg to protect him from California wealth tax

Meta has reached an agreement with its founder Mark Zuckerberg to shield him from a proposed California one‑time wealth tax aimed at billionaires. The arrangement, detailed by the company, would allow Zuckerberg to remain a California resident while the tax is under consideration. Meta says the deal ensures compliance with state regulations without affecting the CEO’s domicile.

Meta strikes deal with Zuckerberg to protect him from California wealth tax — PinBrief