3 ms·

I wonder what his effective tax rate will be on these sales.

• frockington1 7y ago
  Tax rate is 20% on long term capital gains. Will be a nightmare to figure out the cost basis for everything
  • naveen99 7y ago
    There is a startup exemption for investments that happened below $50 million valuation, that he might qualify for.
    • ericd 7y ago
      That's only on the first $10M of gain, so it's not a huge percentage for him.