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Basically, which is very advantageous, because you continue to reinvest otherwise paid taxes. To say nothing of the fact that the stock might never be sold. Or
by usaar333 7y ago
Basically, which is very advantageous, because you continue to reinvest otherwise paid taxes.
To say nothing of the fact that the stock might never be sold. Or the fact that capital losses can offset a gain from a buyback, unlike dividends.
- cma 7y agoSo it’s like a 401K with no contribution limit, but taxed twice (second time at cap gains rate). Too good to be true for billionaires.