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You understand that when a company does a stock buyback, somebody is selling their stock and that stock they sell is taxed with capital gains?
by friedman23 7y ago
You understand that when a company does a stock buyback, somebody is selling their stock and that stock they sell is taxed with capital gains?
- CuriouslyC 7y agoOr they could buy a different stock and pay nothing.
- xadhominemx 7y agoNo, you have to pay for each individual stock
- CuriouslyC 7y agoI true for large or institutional investors, but not with 401ks and IRAs though. Also, for large institutional investors, they can time sales to use capital losses to avoid tax burden.
- newfangle 7y agoOk so your original response to the comment is factually incorrect. Unless you think deducting capital losses and retirement accounts should be gotten rid of.