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Good for him IMHO. Anyone in here know how capital gains work with that kind of sale? Would he be taxed on the full amount?
by jcims 6y ago
Good for him IMHO. Anyone in here know how capital gains work with that kind of sale? Would he be taxed on the full amount?
- ant6n 6y agoDon't people at this level not use trust funds or some such, some kind of entity which owns the shares. The entity in turned is owned by the person, but as long as they don't get the money, there are little tax consequences for selling.