3 ms·
Getting a deduction on 20% capital gains tax and having a family member pay ~35% of income tax on it is not exactly a sustainable strategy for wealth transfer.
by prostoalex 8y ago
Getting a deduction on 20% capital gains tax and having a family member pay ~35% of income tax on it is not exactly a sustainable strategy for wealth transfer.
- maxxxxx 8y agoIt's not only about the money. The receiving person gets a prestigious job and the donor gets good PR for his/her charity.