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Yes, but how long can you do that? Also, our local stock exchange has listed only a few dozen companies.
by skeletal88 4y ago
Yes, but how long can you do that? Also, our local stock exchange has listed only a few dozen companies.
- chongli 4y agoAs long as you want. When the share prices go up you do stock splits.
- skeletal88 4y agoPrivate persons have to pay income tax when they sell their shares for a profit. So there is no way to avoid the income tax and getmoney out of the company without taxes.
- Scoundreller 4y agoBut the stock buyback is at capital gains rates. And non-income personal revenue can have other advantages like avoiding various payroll taxes.
- skeletal88 4y agoThere is no such thing as "capital gains" tax, everything is covered by income tax, at the same rate. You can't use the US tax system to cheat Estonian taxes:)
- stonemetal12 4y agoAs long as you want really. Say you have 100M shares outstanding. You do stock buy backs over the years now there is only 50M shares outstanding. You do a two way stock split, now there are 100M shares outstanding again.