Meta has struck a deal tied to Mark Zuckerberg and a proposed billionaire tax in California, according to a BBC News report. The Meta boss had said he would leave the state over a wealth tax that has not yet come into force, the outlet said. Its headline described the arrangement as a way to stop Zuckerberg leaving California over the billionaire tax.
A separate report from ABC News said Zuckerberg has made a deal with Meta to help him pay a proposed billionaire tax if it passes. According to that account, the tax is on the ballot in California. The two reports appear to describe the same arrangement, but they frame it differently. BBC News emphasized his stated plan to leave the state, while ABC News emphasized help with paying the tax if it passes.
The sources differ on the tax's status. The BBC summary describes the wealth tax as not yet in force, while the ABC News summary describes a proposed tax that is on the ballot. The summaries do not reconcile the two descriptions, and neither gives a date for a vote on the measure.
Neither summary describes the amount the tax would require, the terms of the Meta arrangement, or how any payment would be structured. Neither includes a comment from Meta or from Zuckerberg on the deal.
The reports reviewed for this story are short summaries of longer coverage, so the details here are limited to what those summaries state.
Sources: BBC News: Meta strikes deal to stop Mark Zuckerberg leaving California over billionaire tax; ABC News: Zuckerberg makes deal with Meta to help him pay billionaire tax if it passes.