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Only realized capital gains are taxed. The capital gain is not realized until the stock is sold. So the answer is no, he's not paying "some" taxes now on his fb
by romeodelight 14y ago
Only realized capital gains are taxed. The capital gain is not realized until the stock is sold. So the answer is no, he's not paying "some" taxes now on his fb shares.
He may have sold some stock to private investors but I don't think that's what you meant.
- waterlesscloud 14y agoHe's actually paying as if he sold it all at the time his citizenship was revoked. It's the "exit tax" all the stories on this mention.
- romeodelight 14y agoThanks for the clarification.