3 ms·
You have to pay back the loan eventually, with interest. This doesn't change the fundamentals. It just means you're paying a bit more overall to defer selling t
by nybble41 6y ago
You have to pay back the loan eventually, with interest. This doesn't change the fundamentals. It just means you're paying a bit more overall to defer selling the shares.
It does bring up an interesting point, however. Is this tax applied to net wealth? Can you subtract money that you owe to someone else? What if the lender is outside the country and thus not subject to the wealth tax? And what happens if your net wealth is negative—do you get a refund?
- tehlike 6y agoIt does change the calculation however. You can still end up owning your whole equity, with some debt that's potentially much less than the growth in the wealth (provided by keeping the equity that'd otherwise be sold).